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David Talbot spoke at the London South East-Red Cloud Securities Global Mining Special. Watch the full video here.
Posted in: RMM
The single biggest factor that affects C1 costs is production, the higher your production the lower you C1 costs.
I reckon around $2.75/lb Cu.
Posted in: CUSN
Just to give an idea of Mick Davis' strategy for South Crofty: -https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/mick-davis-wants-to-feed-ducks-that-are-quacking-for-energy-transition-metals-69600412
Just remember a lot of the gold is pre sold.
Posted in: ATM
He'll of a move on LME copper stockpiles today - over 20,000t shipped - 15% of the total inventory!
I think we are going to be more 550 - 600, I don't know how long the fill process is going to take on the cut and fill stope, but that will increase the grade. The other stopes will be steadily increasing.
But its not ours, she's bringing salt in.
IF that is our ship then last month was a good month producing around 700t of copper
You've been skating since 79? Sorry that's not a middle age skater, that's a bleddy geriatric skater! ;-)I must confess I didn't notice anyone matching tgat description, so it must have been Marc2!
I'm assuming it's your dog that sniffed me out then!
Thanks anyway, the funny thing is I think both you and Marc2 spoke to me and I had a wry smile when someone pretty much asked one of the two of you if you were me!
I'm assuming you were referring to certain ex crofty miner
I think you got the wrong person ;-)
Indeed some people seem to misinterpret how costs are calculated.From last month to this month the actual total costs at the mine will change little, but production could be 20% higher - that translates into a 20% reduction in C1 costs.
Cheers Southwesterner, you'll have to come Introduce yourself one day
If you're referring to me, don't fear, I certainly won't be asking you for help. And no I haven't sold out either which you would know uf you had read my post, but perhaps you can't read.
I really believe in the Rambler Project and will be staying invested and watching, good luck to all of, you are generally (a couple of exceptions) a great bunch.
Just to let everyone know before I disappear, I won't be commenting any more on this site.I have taken a job with Cornish Metals as a Project Manager, working back in the industry, I don't want to find myself in a position where I say something I shouldn't.