All round figures but...
10,000 t @ 2.5 g/t per month = 385 oz = approx $1m per month.
I expect all revenue is first applied to the initial removal of 40,000 tonne of rock (not processed).
At 0.8 g/t I doubt that this pour covered marginal production costs.
Another way to get a sense of proportion is that the initial deal with FMR was to pay FMR the first $8m of revenue to cover set up costs. So i'm not expecting any free cash this quarter, but the news flow should be exciting as the potential slowly comes into focus.
The company has repeated the point of this trial is to validate production and geology parameters. It might make a small profit, but the value is in the data for the next stage.
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All round figures but...10,000 t @ 2.5 g/t per month = 385 oz =...
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