EL
understand what you are saying ......
ni produced (= 51247T * 3.03% = 1354.3t approx.)
= 2984877.2 lb's
they were "paid for"
1940747 lb's
approx. 65% ....
the "good thing" is that (historically), MCR reported their opex numbers based off the payablity number ..........which (imho) gives a better indication of "real economics" ........
they didn't always break-out the "sustaiing capex" number - being meters developed to access ore ......
rgds
V_H
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EL understand what you are saying ...... ni produced (= 51247T *...
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