VEC 0.00% 1.2¢ vector resources limited

I think the market is waiting on feasibility studies and...

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  1. 10,489 Posts.
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    I think the market is waiting on feasibility studies and specifically AISC and start up costs... From what I remember, the AISC that I read from a report by anglogold is in the vacinity of $1200, which is quite high...That's probably one of the reasons they didn't develop it... If $1200 is true the gold price needs to get up to over $1500 imo... There must be some very high grade gold in the ground for the whole resource to total 6g/t, so maybe they could reduce costs by digging the high grade stuff first...
 
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