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What gold price assumption will RRL likely use for this? If they...

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    What gold price assumption will RRL likely use for this?

    If they use the $1600 assumption they used for the Garden Well Underground, McPhillamys is only going to have an NPV of a few hundred million.

    Is there some reason they used such a low gold price assumption? Is it related to hedging?

    We know capex is likely to have a 'solid 3' in front of it, up from $215M in the PFS. I would also not be surprised if the Independent Planning Commission insists on more engineering of the Tailings Storage Facility given the Belubula river appears to go right through the project area.

    Are there any obvious drivers of increased AISC?

    Original PFS:


    https://hotcopper.com.au/data/attachments/2864/2864433-a52a4e92d7f983e56e073d7dbbba4ddd.jpg
 
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