“With an AISC of around $1,500/oz and a gold price around $1,700. It’s barely viable even for a very big company.”
You do realise that you have quoted the AISC in A$ and the gold price in US$ without specifying what you have done.
Try using an AISC of A$1,475 as per Scoping Study and a current gold price of A$2,625 (approx).
Is that a better margin for you?
Jim.
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