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clock Created with Sketch. 16/04/18
23:23
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Originally posted by ContraryJ
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Low teens next year? Production cost were AU $12.80 in September , all time low. Costs have been in low teens 4 out of last 5 Qs. The current trend for last year is increasing cost excepting September. It remains to be seen if over next year cost will go up or down I expect $14 to $16 to be the range. There are are two things affecting costs. Production volume will be higher lowering cost per KG. Much of Next and overburden removal are being recorded as CAP Ex. Depending when and how fast these expenses are recognized will cause costs to go up. A quick chart of last 5 Qs. Years are calendar years.
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I was talking "all in" costs, cash costs will be around 8-9 dollars this quarter IMO.
