The scoping study mentions $960ish Opex and the PFS is ‘likely’ to reduce this. Furthermore the Edna May pit which is similar and has lower Opex than our current estimate, furthermore there is a strong possibility there are higher grades on the licence which will lower Opex and which is what BAB are now drilling for, and if none of the above does the trick then BAB could simply increase the cut off point to increase grade through-put. $1000 - $1200 - LOL
BAB Price at posting:
29.7¢ Sentiment: LT Buy Disclosure: Held