I am only calculating the AISC for this quarter, ie. the production cost of the 6905oz produced, not the production cost of the 31k oz stockpile that will be reported whenever it goes through the mill. Just showing that the cash cost they give is not really indicative of true long term AISC because it includes costs for future ounces that were not produced this quarter. This stockpile is an asset, not really a cost that should be expensed now, just like costs to acquire new tenements are not included in AISC. (I believe royalties form part of the production costs reported in appendix 5B, which I did include in my calculation. But only for the 6905oz produced this quarter.)
BCN Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)