Ann: September 2015 Quarterly Report, page-55

Juk
Gold averaged last quarter about 1110 usd
The payment of 6 m usd was made after the quarter ended so when they disclosed cash last quarter it was made before the payment. The margin over AISC would have been let's say 70-80 dollars , from that comes exploration , corporate costs , interest payments etc so the AISC is correct because it all reconciles. If you assume a 80 -90 margin and then add in all the other expenses then you will see AISC of 1400 is a complete nonsense. Naturally that kind of quarterly production is no good , and thus why achieving almost half of the quarterly prod( 14k vs 29.2) in the month of October is a game changer is maintained

So with gold beginning this quarter at a higher average and trending higher , and production also higher , resulting in much lower AISC , the impact on cash flow will be significant