Henty Gold Mine produced 10,692 oz at a cash cost of $1148/oz
Gold sales were $14.8 million during the quarter from the sale of 9263 oz gold at an average price of $1594/oz.
________________
Cost = $1148/oz
Sales price = $1504/oz.
That's a profit.
ASF just looking at the sales are they holding gold there is a good 1400 ounces missing in the production and sales if this is the case we have (10,692production -9263sales)X1594 average gold price =$2 277 826 is this right tell me if so why don't they mention it.I have i got this wrong.This i want a divy as well to many gold companies are just looking after there directors not the share holders
Ann: Quarterly Report June 2012 , page-8
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)