Watso you say,
"trucking costs should be about 15c per ton/km. A bit hard to think that an extra km, wou"
Can you elaborate please, what does "wou" mean?
The point was clear, that fuel is now 42% of mining costs compared with 17% previously, the explanation being that ore is now trucked twice the distance.
The Chairman was preparing the shareholders to expect "three figure" CAPEX. I interpreted this to mean $100m minimum... no maximum given. We'll know in the next quarterly I guess.
Reading between the lines, I wouldn't be surprised to see M&A activity next year with this company, someone with lots of cash.
Rowingboat.
new gold discovery, page-17
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