Off the back of requests, I have modeled MYG'd deflector project as follows
a) 7 yr mine life with 1 yr Oxide, 1 yr Transitional and 5 yr underground operation b) Average LOM costs of $617 Au Equiv (that takes into account copper and silver credits). c) 3/4 of a year for mine development d) 1st year ops running at 250kt (4.8 g/t Au head grade) followed by year 2 to 7 at 330ktpa (4.4g/t Au) e) $225,000 p/q ongoing costs h) 7yrs of depreciation i) FLAT 1700 AUD gold price with NO FX.
I might need to make some further refinements to the Copper Price Forecasts but seeing as they are only producing 14kt over 7 yrs its impact will be relatively minimal.
Let me know if there are other scenarios you'd like me to run, its pretty simple. Sorry I can't send over copies of my models as you'd know who I work for and I'd rather you didn't!
Thanks
MYG Price at posting:
7.5¢ Sentiment: None Disclosure: Held
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