One word "PEA", soon with official assessment numbers.
Agree with some of your assessment and some we are way off.
I believe all in costs of $1350 to be way high for your "Total Costs" scenario, Cash Costs plus everything else involved with doing business.
" I think the all-in producing inputs for Probe right now would be US$1350 with net after tax of US$231 oz. " emrpin
Will POG be higher or lower?,...I would vote higher in 3 years based on world financial conditions but as we all know predicting the future is a mug's game especially a manipulated paper gold market.
Here's my best guess as Dave streamlines costs and operation for a Pit Constrained and higher graded operation of 15 to 20K tpd, 200,000 oz/yr. Cash Costs $550 -$650 and Total Costs $700 - $800, for profit of $850/oz at $1650 pog, for a Net $170M per year.
$1200/oz at $2000 pog, for Net $240M per year...
$1700/oz at $2500 pog, for net $340M per year...($800 pog is marginal breakeven)
Cheers, Mark
