AAU 14.3% 0.4¢ antilles gold limited

Agree and Obviously not all sold using 4th quarter chart...

  1. 187 Posts.
    Agree and Obviously not all sold using 4th quarter chart recoveries from quarterly report (I get please check the maths) :

    Current Spot Price 29/1/13 :
    $1,657.80 Gold Div Gold Price By Silver Price
    $30.95 Silver Gold price Is 53.56 times more than Silver

    4th Quarter Production
    52,267.00 Silver
    53.56 Divide by Silver/Gold Equiv Factor
    =975.86 Gold Equivalent Ounces (Of Silver)

    HENCE 4th Quarter Values Production
    4719.00 Gold
    975.86 Gold Equivalent
    5,694.86 TOTAL Gold/Gold Equivalent Ounces
    $1,320.00 Current/Oz Only paid into hedge program
    $7,517,215.20 VALUE (when all sold)

    And 4th Quarter stated a 10% increase in tons mined namely 107,788 tonnes, resulted in an increase of 90 % in gold recovered namely 4,719 ounces and an increase of 129 % in silver recovered over the previous quarter.

    Now ramping up to 90 % throughput heading for spec's, next Quarter should be very interesting.

 
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