So they will do about 500 ounces a week Oct to Dec from my estimate. 12 weeks at 500 ounces at $1,100 profit = $6,600,000 profit a quarter. So end of FY 19/20 will see a profit of $19,800,000. Outflows would be covered in the ops cost of $870 an ounce. My take is the announcement is to end of Sept so that is what they reported on. I estimate 1c a share profit this year. Can't wait for drilling results to extend mine life !!!
Ann: Quarterly Activities and Cashflow Report, page-37
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