tcg, look at the grades. Look at the grade in the JORC, then at the average grades already processed (80g/t, 90g/t). Clearly they will be processing grades below the JORC figure (54g/t from memory) for most of the rest of the mine life. At $15/oz? No way.
That's where the cash problem will come from.
how low will she go?, page-29
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