>>23725006There are more costs than just AISC that stand between the price of gold and FCF per ounce. Taxes, capital expenses. Endeavour's average AISC for the year is $1,362/oz and realized YTD gold price is $3,221/oz so yeah will of course get above $1k/oz FCF at $4k/oz. No way will Blue Lagoon get $1k/oz FCF though. I'll believe it when I see it
>Africa FUDstill literally the best place in the whole world to discover and build good mines quickly, on time and on budget. Better yet these equities tend to be discounted by the fearful market. Do the math if you want, I'll continue investing in Africa because it just makes arithmetic sense
