Yes you are correct moor thats why I said on forward plans PXG has three income streams in the pipeline ...RMS has high grade projects coming on stream to add to the lower grades TRY also has a high grade project lowering AISC
All three companies forward 2015-16+ plans have AISC below $1000oz AUD (at present gold $1372oz AUD)
Also major move down in Oil prices will help lower one of the biggest costs for miners