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1.85% 53.0¢ cardinal resources limited

Ann: First Pass Regional Exploration Drilling Underway, page-15

  1. flyboy77
    6,825 Posts.
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    08/04/18
    23:22
    Post #: 32305348
    Am I neglecting? What exactly?

    I didn't go there....though I'd done the sums roughly in my head...

    Capital intensity is highly conditional on scale - at 9.5mtpa, capex USD426m, 333k oz pa initial intensity about USD120/oz.

    At that size, estimated AISC USD700/oz for Namdini.

    700 + 121 = 821/oz

    Still carps all over the numbers Asanko is generating....

    Happy now?
    CDV Price at posting: 53.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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