RE:From @Jimbowie (long)@Tradeahead @jimbowie. "Thoughtful research. I like it! FWIW my guess is that costs may be slightly below US25, but it is anybodys guess at this point where we might end up on that. Now, rerun the math at 2026 gold prices of 6,800 US dollars per ounce. This is where the economics will go exponential. Exponential because at the future much higher gold price, additional gold projects become economical, and additional gold sites in the Pilbara are going to be discovered, while extraction costs will stay low (as we move towards the horizon instead of say many km. underground, costs are linear, and exploration costs to replace ounces mined will be nowhere near that of a traditional mine). Financing will become cheaper too. More partners will show up. The value of the assets themselves will rise significantly. The operation can also be very positively impacted by scale when managed well, and the economics themselves will improve as it grows"