RE:Updated Cash Flows at $2075 Nozz that is not exactly how it works! Last year costs in the gold mining sector rose just over 10%. This year expectations from the industry is that they could rise 20% so compounded since last year 32%. I have not run the numbers as of yet but they will likely add $200 an ounce in additional costs.
Remember the 3 largest input costs for gold miners are labour, fuel and taxes all are rising with fuel getting hit the highest right now. As i stated before these high cost operations are more leveredged to price so I am surprised this one has not rose more quickly. If gold price can hold it could see $1 share in the next few months....