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0.00% 52.0¢ egan street resources limited

“My understanding is the cost is the round trip cost, but to GCY...

  1. stelios
    905 Posts.
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    02/10/19
    08:28
    Post #: 40676744
    “My understanding is the cost is the round trip cost, but to GCY it is only 528km which comes to $63/t. “
    Check my figures:
    Cost to deliver to mill = $ 362*2*63*3/528 = $259/oz
    AISC =$1069 + 259 = $1328 /oz

    https://hotcopper.com.au/data/attachments/1750/1750715-ba81da0729d2c839d3551bf79f735d5e.jpg

    EGA Price at posting: 29.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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