RE: RE: RE: OX Mining Cost forecast from Romarco
Mining cost for OX? I will put between $400 to $450 for each oz of gold. My initial estimate was $400.
Price for OX?
I do not know. Assuming only 3 M oz, OX 40%, 1.2M oz. How much value can we put in there? $60, $80, $100, or $200 per oz?
$60 it will be $.30.
If we assign $120, it will be $.60.
Buyout from OSK? I have no confidence or news that they will buy out OX this year. This depends on the drilling results. If they want to buy out, $1 is the minimum price.