Ann: Plant Optimisation Strategy Update, page-21

Not quite.
72.5 hrs produced 16.4ozs. That is 8 days (9 hour day) so 2.05ozs per day. 6 day week 52 week year 640ozs at $AUD1,700 = $AUD1.088m.

Extract from Accounts for last 2 years: (it usually messes up my spreadsheets when I post - let's see how it goes:

	Column 1	Column 2	Column 3
0		2017	2016
1	Direct mining costs	$1,552,519.00	$1,332,110.00
2	Depreciation & amortisation expense	$81,300.00	$103,637.00
3	Finance costs	$91,860.00	$89,993.00
4	Foreign exchange loss	$0.00	-$1,484.00
5	Impairment of exploration costs	$5,725.00	$316,402.00
6	Exploration costs	$53,283.00	$52,764.00
7	Other expenses from ordinary activities	$439,856.00	$364,650.00
8	Professional services fees	$443,837.00	$443,837.00
9	Travel & accommodation	$33,529.00	$39,238.00
10	Total Costs	$2,701,909.00	$2,741,147.00

So we would only lose $1.7m this year if those costs continue. What are the professional services fees?

We need 6 ozs per day for 6 days a week to make money.