OTCPK:SPVEF - Post by User
Comment by
ProtectTheQuanon Sep 11, 2018 7:47am
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Post# 28595662
RE:What will a major PAY for
RE:What will a major PAY forHow can they extrapolate $692 AISC to the distance pits? They need to expand their infrastructure, fleet, and personal to have two pits or more running at once. The expansion also takes them further and further away from any centralized pool of resources when they need to bring on more operators for transport, crushing, and maintenance. It won’t be cheap to maintain and operate an additional fleet of mining and transport trucks 24/7/365 across a 30-60 km haul distance. What will the cash cost be to maintain additional fleets and haul what amount of 50 tonne loads per day on the back roads of NS. Be realistic, their AISC cost are claims not historical trends. Reality is this place will never break $2/share and it will only go down as production cost go up.