DB,mate we all know Oldcar, pressed the wrong button on his Jewish Piano.It’s not like him to try to BS his way of it going a TBA smoke and mirror job on us.All in sustaining costs (AISC) means just that, it’s the total (Total) all inclusive Costs (Not C1 costs). Anyway if Oldcar wants to squirm his way out of is irrelevant. (He’s only fooling himself) I like Oldcar and he has been a great outspoken warrior for us shareholders.He makes that choice to make the story. TNC sold 51,000 ounces of Gold in the ground worth $160m for $2m to TBA and with an ASiC of $2,000 ounce would reapA cash profit benefit of $25,500,000. End of story! Agree with DB, there’s a few old serious pro miners on this site, so no point trying to try them on. It also shows TNC directors big the brightest boys in the industry. I did make a call to my met mate he said 100% any mining company worth their salt can make $25m to $50m from 51,000 ounces with a head grade of 2.7g/t Au.
TBA Price at posting:
2.6¢ Sentiment: None Disclosure: Held