Hi Miningnut
The PFS states UG mining costs to be $15 to $22 and goes on to state this is a saving of 20% on open pit mining.
Add 20% to $22 = $26.40
Now multiply $26.40 x 2.5 mt = $66m
This is no where near the figure of $181m that the annual report attributes to mining cost.
Please correct me if I am wrong . . . it looks to me that when the annual report states mining cost of $181m, what they have actually stated is all of the operations at Savage River.
And that when the report states processing costs of $140m, that is all the costs of Port Latta.
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