AUL 7.25% 32.0¢ austar gold limited

Ann: Rose of Denmark Trial Mining Reconciliation, page-24

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  1. 137 Posts.
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    Hi Vertigo

    I don’t know what the correct head grade is. We will only know when we are given the AISC.

    You were the one that raised A1, not me.

    You said that the RoD results were probably break even - on what basis?

    CTL might say things like 4.5g/t is break even and you say their cash flows support this so then why do they need capital injections of such great size? Could perhaps capital costs also bear on the equation?

    AUL are not saying they are break even. They are not providing AISC. So until they do then perhaps you should stop trying to say it - take your own advice and let Tom deVries tell us all when he knows it’s economic, none of us know.


 
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