RE:RE:RE:RE:RE:RE: hit piece on treaty creek by crux investors More innacuracies and opposing information...
As per Crux...
Another area of concern within the MRE is the methodology and inputs used to calculate cut-off grades. For example, the external consultants JDS use an “internal mill’ cut-off grade excluding mining cost to drop the open pit cut-off grade. This is conceptually invalid as the mining cost will have to be incurred to make the material available for treatment.
They then say in the NEXT SENTENCE....
Furthermore, JDS uses open-pit and underground mining costs and processing costs that are unrealistic in the current operating environment.
Ok, so are they or are they not including mining consts????? Where's the data that shows that the numbers TUD is or isn't using are too low? TUD clearly states in their MRE right below the tables what mining costs were used.....Not sure why this should be such a confusing thing.....