seems i was right in my first comment when i said they would have lost money on the first pour recovery of 1.58g...now if they do come in at a 3mill share of gold worth 30mill that's a10% profit...the profit would be entirely due to the lucky gold price. bottom line...they would have lost money on the deal had the gold sell had been as per their pre mining allowance...is that luck that saved them?
still yet to see an all in sustaining cost, but i suspect, when they include their own administration costs, that profit will be zero.
Ann: Jeffreys Find Stage One Production Exceeds 9,400 Ounces, page-12
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