big discrepancies, page-4

Agree that small grade difference can make a difference in cost. Also lower labour cost with AMX will help cash cost.

But sovereign risk is much higher with AMX than BAB. Looking at the situation at Mali esp. with Mali miners like RSG and PIR. Though, AMX does not operate in Mali.

http://www.smh.com.au/business/miners-flee-mali-instability-20120402-1w8rj.html

I just can't understand such large discrepancies. Say if AMX was $150m rather than $250m, BAB around $90m, that would make sense.

OR if BAB was $150m and AMX was $250m that would make sense to me as well.