production forecasts were given to PTIA when they signed on as our partner and must have been compelling enough for them to still be at derewo, I've asked what sort of rates they would be expecting but they won't share that info, production costs would be probably under two hundred dollars an ounce, two operators wages, diesel fuel, maintenance, site geo wages, supplies, so long as they're not producing a ridiculously low number of ounces it should be very profitable.
regards timmo
Ann: Change in substantial holding, page-11
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