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Re: 1center post# 1365

Thursday, 04/18/2013 10:44:45 PM

Thursday, April 18, 2013 10:44:45 PM

Post# of 1893
Yes, projected cash costs (of mining operations) is projected for 2013 at $700 - $750 per oz of production. But from slide 11 of the deck for Q1 and 2013 guidance it looks to me like after stopping exploration at Grey Fox but not the cap ex, and not slowing the cap ex at Black Fox, then break even falls somewhere around 1600 - 130 (div 95k into Black Fox net cashflow reduced by corporate expenses and Grey Fox cap ex = 131)
Do I miss something ?
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