JUST DREAMING !!!!The Fosterville mill has a capacity of 830K tons/year. So suppose it gets filled up to 800K tons/year.
And our grades are up to 40 grams a ton, not far from the present 35g/t. OK,,
1¼ oz/ton.. 1¼ X 800,000 tons = 1 Million Oz./Year. (I like round numbers)
I have already calculated that AISC will be low $200’s with higher production.
1 Million Oz./Year X $1,000.00 (EBITDA) = $1 Billion/Year.
What is Fosterville alone worth spinning off $1 Billion/Year 10, 15, 20 Billion
Now this is not happening next year, but it may happen sooner than people expect.. I would love to see it happen around 2022, when Macassa starts utilizing their new #4 shaft, when Cosmo is in production and maybe even Novo too…