Just to get my head around the basics.Please tell me if I am...

Just to get my head around the basics.

Please tell me if I am wrong.

If say ( it won't be ) for the next 3 years we used the figures from Joelstar's Post #: 72766799 Processing ounces at AISC average of say $2200

With

Total Gold processed in 3 years = 267,000 ounces ?

Total hedged = 100,000 ounces ( say average $2800/ounce ) SPQ profit $2800 - $2200 AISC = $600 ounce = 60 Million profit hedged gold ?

Remainder 167,000 ounces @ average $3200 - $2200 AISC = $1000 = 167 Million profit

TOTAL income 227 Million over 3 years

So to alter that in the shareholders favour , we would need to either
Hope the margin of producing Gold to increases more than the $1000 calculated ( Gold to say $4000 price /ounce average ) = $1800 profit x 167,000 ounces = 300 Mil
Processing to increase quicker and over 100/000 ounces per year .

Anything else , no offence taken by me if WRONG ?