AAU 25.0% 0.3¢ antilles gold limited

Ann: Las Lagunas Production Update-PGI.AX, page-11

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  1. 1,468 Posts.
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    Here’s a little calc that should be of interest:
    I have averaged the headgrades and also averaged the recovery rates for March and June and used the targeted throughput of 195,000t (which was exceeded in March) to project a possible outcome for the next quarter. Also raised the POG to $1,300 & POS to $20 :

    Au: 195,000t x 4.04/31.1 x 0.51635 = 13,080oz
    Ag: 195,000t x 40.65/31.1 x 0.3125 = 79,650oz = GE 1,274 oz (Ag/62.5)
    Total GE oz’s = 14,354
    Revenue: 14,354oz x $1,267 = $18.186m

    I wouldn’t be surprised to see silver recovery/production higher than the figure I have used and POG & POS to keep rising.
 
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