RE:Dave4444 don't know what he is talking about Abraham63 wrote:
Dave4444 really don't know what he is talking about when he said APP won't be profitable. APP will get very low production costs et will produce with a high profitable margin, even at the actual low price of gold. The all-in cash costs for APP should be below $700. and the company should start production at the end of first quarter 2014.
Abraham63, Where did you get this $700 all in figure? I have done my DD and have not come across a PEA...or any mention of production costs per ounce. Also, one other question I can't seem to find the answer to; what is the expected mine life based on current mineral reserves & resources? Can anyone answer? Appreciated.