working it out!, page-4

LOL you guys always look at the value of the resource and not the cost.
It was a jorc, not a feasibility study!!!
It won't be feasible in my opinion unless they increase their resource and grades. They used 0.5 grams per tonne as the cutoff and they have 1.5 grams per tonne ie gold dust. Not a huge profit margin on only 783,000 ounces. These companies always overstate the cutoffs as well. And is that the cutoff at 1000 per ounce? Who says gold will be 1000 per ounce if they mined it in 3 years time? Would be a waste of natural resources to build a gold dust mine LOL.