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Originally posted by ggwill
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As mentioned, AISC includes capital expenditure as well as exploration expenditure. You would want a mining company to do some investment. These investments will increase the book value of the company and will allow it to continue to produce.
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The investments include capital expenditure as well as exploration expenditure, I think only a small portion of them was calculated into this year AISC, the big portion would go to coming years, depends on mine life, kind of expenditures
