Some rough numbers:
Gold Price Average (say): $1,650
Operating costs per ounce: $1,223
Margin = $427 per ounce
24,000 ounces x $427 = $10,248,000
Which is $10m more than we were earning before, but still not a huge figure. I would have liked a lot more information on phase 2 but I guess we will have to wait until April for that.
burnakura feaso out, page-3
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