My read on the ounces is, given this a quarterly to the end of Sept they have not included anything produced and poured in October
They noted that some gold on hand at 30 Sept has since been sold. All this while just commissioning the plant
I think their estimated capacity is about 25k ounces per year ($126k total reserve - Jardi only / 5 yr LOM), so 2100 oz per month. Which should mean for the next quarter at full production and at $2200 an ounce they'll sell approx $13.8m worth, or $8.3m profit (AISC $870) to goes quite nicely with the $8.4m they currently have in cash
This leads roughtly to their $5.9m expense estimate for the period. Which says to me they are hitting their expected AISC
My read on the ounces is, given this a quarterly to the end of...
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