EGA 0.00% 52.0¢ egan street resources limited

The mining cost is $63/t for ore that is 4.4g/t. Because the ore...

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    The mining cost is $63/t for ore that is 4.4g/t. Because the ore is upgraded by ore sorting after mining to 10.5g/t you get remove the waste and hence doing have to transport it. The costs work out at 2.4t mined for $150 with an additional $63 for trucking 1 ton = $213/t. The gold in that ton is worth over $700 so there is fair bit of a buffer for paying toll treatment/loss/other costs.
 
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