Fair conclusion about the Australian gold price Pesa, I just don't see how it applies to TAM.
Their last quarterly stated an 'all in cost' of $1940/oz, or thereabouts. $1940!
Drop the AUD by 50% and kick up the US gold price for good measure, and TAM is still 'marginal'.
The 'all in cost' still doesn't include all admin, or exploration cost either, and on top of that, they'll have to re-hire all their staff, still have a mill to fix at Central, and gold to FIND at Kavanagh.
price of gold, page-6
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