I am a newbee to gold stocks, but I have been looking at production costs of other mines - wattle dam seems to be similar and they have a reported "underground operation is expected to produce 70,000oz of gold until the third quarter of 2010 at operating costs of $385/oz and capital costs of $190/oz". This would seem to paint a pretty good picture for axm.
It is always darkest before the dawn!
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