Re: Tyhee both visit at Roundup 2010
in response to
by
posted on
Jan 21, 2010 03:58AM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
Skeleg,
Fantastic writeup! Thank you for your efforts here.
Just one question for you (or anyone else who knows more about mine construction than I do): You mentioned the lower electricity costs around 14 cents/KWH. How big of an impact would this potentially have on the overall cash costs that were previously estimated at $384/ounce in the 2007 PEA?
I realize it is impossible to give an exact number at this point, but I guess I am wondering more generally if the electricity component is a major expense, or is it rather minor in the grand scheme of the entire mine construction? Do you think we might see cash costs approach $350?
Thanks again,
Hysteria