This is from the compant's announcement, anyone know the cost...

This is from the compant's announcement, anyone know the cost for production?


"North Queensland Metals (NQM) has today completed all contractual obligations in
relation to the acquisition of a 60% interest in the Pajingo gold mine, approved by
NQM shareholders on 4 February 2008. $4.4 million has been paid to Newmont
Australia Pty Ltd to complete the acquisition for a total consideration of $15 million
comprising $9.4 million cash and the balance in NQM shares. NQM effected
successful capital raisings of $4.6 million and $7.5 million in December 2007 and
February 2008 respectively.
The Pajingo acquisition has changed NQM into a significant gold producer.
Operations at Pajingo have progressed ahead of expectations since NQM became
the operator on 30 December 2007. The first gold was poured in late January, and
the second pour, yesterday, realised 2,961oz of Gold and 3,208oz of Silver. All the
gold production is unhedged.
Pajingo is scheduled to produce approximately 300,000 ounces of gold over a five
year mine life. Re-estimation of the near mine reserves and resources is currently
in progress with an announcement on this expected in the current quarter"