KCN 3.32% $1.40 kingsgate consolidated limited.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-29

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    If we add the gold bullion in hand to revenue we get $27.9m minus $19.464m in production cost equates to A$8.45m gross profit (43%). If you compare to ASIC US$1,193/oz at $1,964/oz realized gold price on sales (39%). ASIC includes capital costs... so you expect gross margins to be higher, but I thought cash costs would be much lower.. certainly no where near A$1000/oz ~66% GM
    Last edited by ecker: 31/07/23
 
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