The way I read the info from the company is that they say that AISC for 15/16 is around $ 960 - 1060. so the middle being $ 1010. But this is including the $ 80 per OZ for the investment in the Service Shaft. Without this it is around $ 930,-. When you compare this with the last two quarter (i.c $ 989 and $ 1073) then you can see that the extra production brings it down towards the $ 930,- level excl. the Service shaft. Next to that it is always a prediction. It is always difficult to be precise on the dollar and we know by now that Mr. Davis prefers to be on the conservative side of things.
MML Price at posting:
84.0¢ Sentiment: Buy Disclosure: Held