Davo & co, Cash costs, in mining, are the costs of production,...

Davo & co,

Cash costs, in mining, are the costs of production, at site level, per unit of output.

Cash costs include operational cash costs at site level.

This includes transport, refining and administration costs and royalties but excludes non-cash costs such as depreciation and amortisation and costs not at site level (such as head office costs).

Reported June Quarterly Production: 29,000 oz (a)
Reported Average Cash Costs During Quarter: $952.00/oz (b)
Total Cash Costs During Quarter: $27,608,000 (axb) (c)
Reported Cash Costs (April-May only): $16,332,000 (d)
June Production Costs: $11,276,000 (c-d) (e)
Reported Cash on Hand 30/6/2009: $10,320,000 (f)
True Cash Position 30/6/2009 (Accrued): ($956,000) (f-e)

Where have I stuffed up???

Stagman