A Local Work Force is a Big Deal The fact that FVL has a work force only 30mins away from the site is a big deal when it comes to the AISC per ounce for our PEA .
Anyone who knows miners who need to work in a camp understands that the mine pays the travelling cost to get the workers to work > often flying them straight across the country to get them to work and returning them after their 3week shift . The mine also fully covers the cost to house them while at camp > paying to feed the workers 3 times a day > cooks , cleaning staff etc. > with Fairbanks being 30 mins away > all the camp costs go away .
Therefore , our AISC /oz will reflect this in the PEA , making FVL more attractive to buy out .
So whether it's the '"Lay-Up" buyout at $8 or the $200 / oz in the ground "Steal" of a"Deal" @ $16 /share > things look pretty amazing.
EOM