Hi Henry, I believe it was the production costs we were referring to , the production costs of $19.7m for production of 42402t of production is a pretty good result. Cash cost of $392t not bad either, certainly when compared to the A40 numbers.
Not sure what the 8.6m mine development cost was, that seems to be an extra, any thoughts?
This is the likely dilemma A40 faces, how to compete against low cost producers such as AJM, like what's A40 production cost forecast for next Qtr, $42m from memory.
I feel your time would be better spent on analysing why the A40 production costs are increasing so dramatically. Seems strange as I thought the strip ratio was supposed to be coming down?
All in my very humble opinion as always
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