Someone want to help me calculate the fixed employee costs?
On the call, they mentioned that own employees are 150-200, from the prospectus we know they were 171
"The total owner‟s complement currently on the mine site is 171."
https://www.jupitermines.com/cproot/778/3/20180404%20Jupiter%20Mines%20Limited%20Replacement%20Prospectus%20and%20Application%20Form.pdf
On page 27, there is a breakdown on CIF costs which shows that overheads are around 8%. On page 23, we have historical info which shows COGS of ZAR 1,87 billion for the six months ended August 2017. So do I take 8% of that? If I do it, I get overheads of ZAR 24,913,346 per month on a 100% basis but this is a whopping ZAR 145,692 per employee therefore I'm wrong.The average miner salary should be around ZAR 21,000 per month
https://www.payscale.com/research/ZA/Job=Miner/Salary/53014f68/Mid-Career
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