OZL 0.00% $26.44 oz minerals limited

HT - the guidance on PH UG is 3 to 6 Mtpa at higher grades. So...

  1. 276 Posts.
    HT - the guidance on PH UG is 3 to 6 Mtpa at higher grades. So 50 to 80 ktpa would be a reasonable range. Also, going by their cost guidance for the year and commentary, we are likely to have another shocker of a quarterly coming up, with costs in the $1.80 to $2.00 range. To average $1.65 to $1.85 over 2013 it will need to ease back to $1.40 ish in the second half as they hit higher grades. Going by their cost sensitivity guidance, the benefit of a depreciated dollar should out way the lower gold price, so cost may even be a bit lower. So hopefully some good news in the Q3 report.
 
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