Costs (before D&A and royalties and distribution) - $53M
Sales volume - 1.224
Cost of sales (US$/lb) - $43.3
Sales volume - 1.224
LHM - 0.624M (51%)
KM - 0.60M (49%)
C1 Costs
LHM - US$31.8/lb
KM - US$49.0/lb
50% *31.8 + 50% 49.0 = $41/lb
The difference is likely due to inclusion of higher cost inventory (production from previous quarters)
Going forward when the LHM will account for a greater proportion of sales, the cost of sales (US$/lb) should drop considerably.
Happy to be corrected if my analysis is flawed
Costs (before D&A and royalties and distribution) - $53MSales...
Add to My Watchlist
What is My Watchlist?
