Paddy,
Good argument. Problem is most investors don't/can't see that. Most investors have little clue how exploration or mining actually transpire. A lot tend to invest because they believe in gold, or iron, or zinc, or salt without knowing squat about the industry. As MD of Troy Resources said.
"Troy Resources chief executive Paul Benson said the reporting of cash costs followed a set formula that could be easily understood.
"As long as you know what you're looking at, then (cash costs) are very transparent. The problem is most people, particularly retail investors, don't know what they're looking at," Mr Benson said."
As much as I respect most of your posts, I doubt
"most investors probably factor in roughly $1000 an ounce total costs in Aus anyway."
- Forums
- ASX - By Stock
- SLR
- production costs
production costs, page-3
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online