Extract: "Using an indicative throughput rate of 3 million tonnes per annum, an average gold price of US$450 per ounce and excluding capital and infrastructure costs, the study demonstrates the potential for a project producing in the order of 240,000 ounces per annum at an average operating cash cost of approximately of US$220 per ounce, generating net cashflows in excess of US$650 million over a 12 year minelife, before any amortization of capital and infrastructure expenditure, or debt service".
MOE Price at posting:
0.0¢ Sentiment: None Disclosure: Held
