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q4 ounces, page-12

  1. 390 Posts.
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    Think these figures are spot on. And have a high expectation that 80,000ozs IS the target for next year. I don't care if it's 10,000 one qtr and 30,000 the next, as long as we have a consistent message (80,000) and DRA achieve it.

    Posted this before based on the company presentation.

    Their figures expect exactly, 18,403 for Q4. Just need to get the cash cost down to an average $550 - $600 range. If they are getting an Average $1,000 per ounce price of gold, that's $400 clear profit (could be more given recent spot gold, $1,100, unheadged remember :-) )

    $400 * 18403ozs = $7,361,200 Cash flow.
    $450 * 18403ozs = $8,281,350 Cash flow.
    $500 * 18403ozs = $9,201,500 Cash flow.

    obviously other facts might affect this but still 7-8 mill cash and more to come next year.
 
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