Spec
Your figures look pretty good to me, maybe a whisker high on the gold and silver prices. They get about $20 less (from memory) than the gold price because they are only selling unrefined dore, not pure gold. Same with silver. As far as cost go I have used Paul’s figure of $10.5m which includes everything but maybe that’s a touch high now because as you say interest costs have reduced. I had previously calculated $2.8m for the profit but it could perhaps be $3+.
Ann: Las Lagunas Production Update-PGI.AX, page-14
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