Peers, page-7

Hi Millibuster,

Here is my own table for this group of ASX-listed gold stocks.

I have only focussed on the Cost of Sales, D&A and G&A as reported in their accounts, resulting in two sets of 'costs per sold oz', CoS - D&A (ie Mine operating costs/oz) and then the increased costs once G&A is added.

It provides a rough baseline for these stocks before sustaining costs are added.

Basic table of costs/oz as of 30th June 2014 accounts.

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7
0	Period	Code	CoS($m)	Sold oz	Costs(1)	Costs(2)	Currency
1	FY	SLR	331.8	217,348	1,306	1,347	A$
2	FY	KCN	301.9	216,887	1,126	1,236	A$
3	FY	SBM	395.7	374,402	1,057	1,120	A$
4	FY	NCM	3,094.0	2,405,163	998	1,054	A$
5	6m	BDR	76.0	69,240	925	1,012	A$
6	FY	PRU	179.6	183,325	980	980	A$
7	FY	EVN	539.8	427,703	928	977	A$
8	6m	EVR	189.1	230,451	820	929	US$
9	FY	NST	179.2	210,055	853	901	A$

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7
0	FY	RRL	225.0	271,463	829	862	A$
1	6m	OGC	151.7	227,008	668	747	A$
2	FY	MML	42.8	65,943	383	508	US$

CoS = Cost of Sales
Costs(1) = Production Costs (ie less D&A)
Costs(2) = Costs(1) + G&A

So the above includes royalties and movements in inventories, but does not include expensed Exploration & Evaluation. And of course, any sustaining Plant and Development costs would also be in addition.

I have included accounting currency as I did not convert everything into either A$ or US$ terms.
CPDLC

ps. you don't need to think of me being 'downcast' by the market. Been here a few times before! I have been adding to holdings this week (incl MML) - and Silver as well!