Ann: Production to commence at historic Victorian gold mines, page-221

Work it out for yourself.

As I said in my last posts, I feel they're going to need close to 20 gram dirt

to be profitable.

"

lets hope they get production increased and over 7 gpt is my hope...​

"

Work out 85 tpd @ 7 gpt Do you know how to?

7 gpt will NOT give them $2.1 mill per qtr.

I'll repeat what I said again, how many grams of gold do they

NEED to SELL, to earn $2.1 mill per qtr. ? It's not hard.

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Zero. I work with numbers, costs- maths every day. Most of us know about labor costs- fuel- fixed costs-----most of uscan guess...​

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Nothing to guess, nothing to calculate in regards to mining costs.

AUL states COSTS are $2.1 mill. How many grams of gold do they need to produce,

to sell them for that amount?

You work with numbers, so should be easy for you?

You're evading doing the sums by referring to "guessing the costs".

Costs per qtr are there, as per AULs cash flow report, we know how much

current gold prices are, we know how many tonnes per day the plant

will process, we know how many days per qtr the plant will run,

so as a numbers man, work out the $$$ returns for processing only 7 gpt dirt.

I'll be back to see your figures shortly.