Royal Nickel Corp. RNKLF

Beta Hunt with possible $600 AUD profit per ounce

[pierreg]

Insightful post by @lexcon on CEO.ca March 27^th 2019 about Beta Hunt AISC and profit:

«I never really took too much notice of the AISC of the westgold properties because I fully expect RNC to reassign the mining staff to B-H mine (keep the milling crew at the mill). The 3Q B-H AISC of $1,013 would seem to be the closest to what the current one would be, prior to the $100/oz reduction from owning the mill vs toll milling per Mark Selby. So I put the new, improved AISC around $900, and with some other possible improvements maybe into the low to mid $800's going forward. That is $800-900 USD AISC, so if the POG in AUD is around $1800 (which is what the cost of labor and expenses are paid out in) that is a nice profit margin. $800-900 USD AISC is $1100-1200 AUD, so about $600 AUD profit per ounce.»