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09/12/13
21:36
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Ausheds
The 0.0 grades are a dead giveaway :)
I would say CX and AMR are level pegging
CUX has a basket price 10 Kg higher but AMR has substantial by-products
CoP is similar
Ausheds CUX is actually $23.45 Kg Reo,
AMR is by my calcs. approx. $20.67 Kg Reo
AMR are getting more bang for their buck with a capex only marginally higher $156m vs $190m
No mention about AMRs Th level
Process routes are very similar, not sure how AMR will optimise 4 differing mineralisations. It's tough enough that CUX has only 2
Its hard to say who's kicking who
I'd say first in, best dressed
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