RED 0.00% 34.5¢ red 5 limited

Ann: Further record monthly gold production at King of the Hills, page-14

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  1. NWL
    287 Posts.
    lightbulb Created with Sketch. 23
    Clean napkin.
    4.8Mt at avg 1.5g/T at avg 93.5 recovery is 216k ozs per annum. Avg 18kp/m.
    Costs should have gone down but devils advocate they have gone up 10% since last quarter. Using 92mil cost and the April,May and June est of 18k has the quarterly at 55,670 ozs. AISC $1660 (Hard to believe) $2500avg gold price. $840per oz equals 46.8mil profit for the quarter. Plenty of money to pay down the debt.

    FY24 change that to 5.5Mt and it is 248k. But that is another napkin.

 
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