winner1111, sorry I disagree as 50M unlikely. Costs now up to...

winner1111, sorry I disagree as 50M unlikely. Costs now up to 94.4/t, and I have a question mark over the mining costs at 2.50 /t when they now state that the mining strip ration is 5:1. I would be interested to know the fuel price used as this will have a major impact on the project operating costs. Nearly $80/t is impacted by the price of oil. Price of oil is up 10% in the last two months.

Use $130 or 135/t for the price of IO end of next year and 1Mtpa production rate. Doesn't leave much left for non-operating costs...