hi tibbs, ....Welcome back!!I was beginning to think you'd eloped with harlee!!....hahahaha.
Re. Operating costs.
In my opinion they are averaging the costs over the first 5 years .....so probably starts at around $20 per pound & could end up at $40 . These Coffey & minproc engineers are so conservative & always allow for the op. costs rising up again.
from the report ;
"and that the average cash operating costs for the first 5 years of the mine life are currently expected to be in the region of $30-35 per pound "
I'm going to visit len jubber soon at the new offices so will put this on my list of questions...
All in all, the report is moving along with preparing to build a mine.
I am still confident of the higher value of bannerman ...maybe not this week , or month ; but an "indicated" resource like bmn's is money in the bank & they intend to build a profitable mine ...I'm happy with that !!...despite the drop in sp today .
cheers cj
BMN Price at posting:
94.0¢ Sentiment: LT Buy Disclosure: Held
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