only a quick look at the numbers.
amazing, the gold price received was about $400 higher than previouslly, yet the company still runs at a loss.
cash costs at southern cross jumped through the roof
a message for all investors - but notice how the mines operate at a gross profit , which was $34m . for those who do not know what gross profit is - well, it is the difference between direct revenue and direct expenses for the product - but notice how after allowing for all the other costs (eg administratio of $14m, depreciation, exploration etc etc), then there is a good loss
good that they managed to raise a lot of cash
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only a quick look at the numbers.amazing, the gold price...
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Price($) | Vol. | No. |
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