I am wondering if anyone could check these figures.
i hate having to spend so much time working thru these opaque reports.
easier to solve the enigma code.
Anyways, these are all TBR 's share numbers.
Total cost of production for qrt
=$25million (TBR 's share)
And 10,790 ounces mined by NST ( TBR share)
And 14,061 ounces processed.
$967/ ounce is cost of NST mined ore.
So cost of NST mined ore 10,790×$967=$10.4 million
So processing is $25million-$10.4 million
=$14.6 million.
which is for 14,061 ounces
So approx $1000/ounce , Which is ASTRONOMICAL.
i guessvit includes trucking etc but still huge.
We are talking around $2000 ASIC.
??????
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- Ann: Quarterly Activities & Cashflow Report - September 2020
Ann: Quarterly Activities & Cashflow Report - September 2020, page-5
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