NGF norton gold fields limited

to buy or not to buy?, page-4

  1. 92 Posts.
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    Stripping costs are high, partly because of the high strip ratios.

    They also aren't included in cash costs - they are capitalised and amortized over ounces mined (in C3) costs. This means reducing them won't affect the cash cost everyone seems really concerned with.

    I stay in because POG is good, margins are still healthy and the ground has the potential to throw up some more +2g/t years...

 
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