Hi Buddy, re your question: they have sold 20k oz's from the West Mandilla project. I can't work out the exact figures from the published reportss what the cost of extraction and milling is but it would appear that the cost is somewhere between $300-400 per oz, so they would have made ~10m margin for the 20k oz's; that's the basis for my estimate for East Mandilla (i.e. 35k oz at $500-600 margin for ~20m net cash flow). EE.
cnbc, page-35
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