There would be a large amount of fixed costs at a mine like Renison (plant, machinery, workforce, etc). As such what we want is a company that can control their costs within expectations (which I believe we have), and of course a favourable tin price (a metal which has very favourable fundamentals).
During ramp up it is only logical that costs would start higher than normal but as the mine develops (ie: actual production ore is extracted, rather than development ore which would have no direct value) and the processing plant approaches ramped-up steady state then one could expect that the costs would reduce probably significantly.
In my opinion we have great fundmentals in both company and tin, none of which anybody cares about at the moment.
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