Ann: Jeffreys Find Stage One Production Exceeds 9,400 Ounces, page-14

Try the below calculations and see if your wrong on the first parcel.

DFS 7600oz x $2600 = $19.76m total income -Based on 155kt ore mined shipped and milled.

Reconciled 174kt -155 = 19 kt extra shipped and milled.

DFS 19kt x $82 cost ($32 trucking and $50 milling.)=$1.558m extra costs incurred.

Actual costs/$18.674 expenses and cash held back includes 50% share to partner of $2.2m

$18.674 -$1.558m for extra ore handling = $17m

$17m divided by 7600 oz = 2236 per oz

Assuming 28.4 g/oz and 1.58g/ton 90% yield

=28.4g div 1.44g/ton = 19.8 tons milled ore /per oz yield

18.764m div 174 kt ore milled = $108/ton cost ore mined and processed

19.8tons x $108/ton = $2136/oz cost first parcel.

Regards