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Some rough numbers:Gold Price Average (say): $1,650Operating...

  1. 1,091 Posts.
    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.
 
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