OZ, GBG has put out some slides from the AGM that show the various cash costs. It is a brilliant slide, something they should have done a while ago.
By the way, AGO and FMG get a penalty a lot higher than $5p/t.
Ignoring the potential margins, GBG's CAPEX is extremely high when you consider it on a per tonne basis. AGO, BHP, FMG, RIO etc all have significantly lower CAPEX per tonne of ore to get into production.
Although in saying that, the cost has gone up even further. AQA is a prime example, I don't see there Pilbara project getting up in this environment.
GBG Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
