And this is where you don't understand processing, some gold...

And this is where you don't understand processing, some gold mines run at a near exact cost to produce to cost of sale of gold... It's how it is, some processing methods cost a lot to run, especially chemically in-depth processing..

Again why so many gold producers went into care and maintenance few years back..

But some still produced even if it was break even.. because the value of the mineral in the ground was needed...

Thus why Nickel receive premiums for final grade Sulphates because of the cost and technicals needed t9 refine the final product and why they also recieve Co credits...

Which make projects with high CAPEX and OPEX costs viable.. And cooling commodity prices.. Not ideal... Not massive returns but still makes it viable..

JD.