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Gold/Mining/Energy : DROOY Durban Deep- Best S. African Mine -- Ignore unavailable to you. Want to Upgrade?

To: Mike Hermann who wrote (486)3/14/2000 12:33:00 AM
From: baystock  Read Replies (1) | Respond to of 851
 
I doubt very much that they can bring their cash cost down to anywhere near $100. Not with the amount of marginal mines they got. Bringing it down to $220 would be a significant achievement on their part and one that I would be very happy with.



To: Mike Hermann who wrote (486)3/14/2000 10:14:00 AM
From: Bob Cook  Read Replies (1) | Respond to of 851
 
Mike, I'm not sure where you are getting your $100/oz. Nemont Mining is the lowest cost producer in the world, and their costs are $175-180/oz.


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