TSO 3.03% 3.4¢ tesoro gold ltd

HCH is looking at a $1billion in CAPEX costs, getting investment...

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    HCH is looking at a $1billion in CAPEX costs, getting investment capital for such a large amount will be hard and even if they do the diluation or debt depending on which route they take will impact their AISC squeezing profit margins.

    TSO is a low grade bulk tonnage play which historically has had low CAPEX costs for initial startup, the number running around these threads are a ~$900 AISC, considering gold price is $2279 AUD right now, we're looking at a VERY VERY profitable mine with potential district scaling that will expand mine life and make whatever investment capital needed have a lower impact on AISC.

    Even if gold prices halved our mine would likely still be feasible, it's so crazy that people are getting so hung up on ~100 dollar movements in gold prices.
 
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