Morning all.
@goldatwidgie
From that I can assume a total of 240t to go at JF?
If I use 1.6g/t, I get ~12,000 oz still to come.
I can then use our indicated aisc of $1,630 ( using overnight gold price ) to arrive at $19,560,000
Then divide that by 2 for our share = $9,780,000.
I will then add the money that is still in the JV bank account and let's call that $3m ( I think it is more ).
That equates to a further $12,780,000 to come, min.
The gp has just embarked on the next leg up by the way, aimho of course.
Mean time Munda looks better everyday particularly with this move in the gp underway.
Kind regards, Wack
Morning all.@goldatwidgieFrom that I can assume a total of 240t...
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