Ann: Quarterly Activities Report, page-83

Thanks for bringing this up as I'm sure some other people may have also ,at first glance, jumped to the same conclusion, not sure these people are suited to stock trading but anyway I'm sure there are others like you.The company has $17.4 million in cash plus $9.7 million in bullion on hand, now stay with me this is the complicated part.....17.4 plus 9.7 equals 27.1.Damn there's an extra $100,000 in there.
As for production costs yes AISC is higher due to, wait for it, capital expenditure, you know when you spend money in order to make more. Nighty night Uggles.