By the end of the week ....

By the end of the week .
http://www.investegate.co.uk/scotgo...old-project-study-update/201505260700511668O/
Further work is still required to complete the Bankable Feasibility Study (BFS), principally to update the capital cost estimates, review and adjust as appropriate the operating cost estimates and incorporate the conceptual opportunities identified for savings. This is expected to be completed by the end of July 2015.
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Possible operating savings from the new mine design and the increased grade and from the 24/6 processing plant
Our costs are already low at £436 per ounce and that includes a 16.6% contingency allowance and is based on the less efficient 16/6 processing plant and the previous lower grade and the old mine design:

Increased grade of the M&I resource by 9%
Increased efficiency from the 24/6 processing , previously 16/6
Less waste from the new mine design will increase the amount of Gold processed per ton

All of the above should make savings on there own let alone together .

Looking forward to what will hopefully be enviable operating costs .

Will we save much on the Capital costs ?

I think there is room for some savings on the tailings dam but that is just my view
I know we could save app £2 million on the processing plant
Will there be other savings ?

We will find out by the end of the week .