If they are selling @ $1450 an ounce assume based on previous buying agreements, what is the impact with POG @ $1250/ounce
Based on sale amount of 92,000 ounces they have made $27 million that equates to a profit per ounce of $293.00..!! That can be chewed up fairly quickly if the POG stays at 1250/ounce.
Also does that make their production cost more like $1100 per ounce not around the $900 mark that has been bounced around previously ??
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