Even mainstream media such as in this article are predicting a POG approaching US$ 3,000 per ounce soon:
https://m.economictimes.com/markets/commodities/news/gold-clings-to-record-high-on-growing-us-rate-cut-bets/articleshow/111842855.cms
I would be very surprised if the “headline” PFS POG is below $AUD 3,300. The POG has been hovering above $AUD 3,500 per ounce for quite some time.
The Scoping Study showed that producing concentrate was materially below using the Albion (50% > capex) and Biox (100%> capex) processing options so unless quantities increase significantly and Scoping Study costs are largely fixed you would expect a significantly lower capex option to be the winning option.
The most important variable I will be looking at will be the payback period.
PFS Metrics, page-26
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