Top up or miss out, page-1817

Yeap but unfortunately not as simple as stockpiles wpnt have processing costs attributed to the stockpile. Your aisc if you were to process all of that 31000 oz would incresse as there isnt and production costs included in that stockpile cost. Same for royalties.... which again i must admit to being at work and lazY to check now - but appears they arent just paying 2.5% to DMP. so i presume was part of original purchase.

i also find it interesting this months strip ratio was nearly 0.5. I'm far used to seeing big mines with these strip ratios lower to pit. Im not sure if this will shift as they mine to a higher strip ratio or if this is forecasted to go even lower. Not sure whether to take it as a positive as a high strip ratio now at current costs would potentially imply much lower aisc once hitting mainly ore.

and the other factor which is why i pointed out in the other post that throwing the LOM model out was inaccurate - not sure what the project strip ratio over LOM was but if BCN is above it part of these mining costs are also being capitalised to deferred stripping. Just another consideration rather than a criticism of the business


the low LOM reminds me of the situation at IMA (image resources). Printing money but rerate due whilst market waiting for an increased resource.