RE: Shaun Day20 Aug 2022 17:21
My favourite of Shauns from May.
“We've got these cash costs sitting around $645 an ounce USD against a price circa $1850. You'remaking well in excess of $1,000 an ounce. So, you bring these ounces in, no additional CAPEX, it just falls to the bottom line, it just falls to cash generation and that drives up this Net Present Value (NPV) very quickly.
- So, what I'm kind of trying to explain there with this CAGR, if you look at where we started with this ore body and you look at the various price discovery points, you just see this phenomenal growth rate and that's exactly what you would expect with a world class ore body.
I can't stress how important this factor is going forwards! “