problem with the AISC imo is that its easily distorted and never...

problem with the AISC imo is that its easily distorted and never the TRUE COST

All they do is report falls in ASIC by capitalising costs, then some time later they depreciate it or write it down, at which time bozos then say look its a non cash item, when infact the costs was paid but in a previous period.

Its all about final EPS per share which if good is promoted and if bad they refer you back to the "underlying" which is filled with "one offs" that always seem to recur.

I think the change to ASIC by the "world Gold Council" is a total joke.

Its like they promote the ASIC/ unit sold, but again that can be distorted if you forward sell a few oz's......I
have been using COST/ OUNCE produced to see if things are improving or not and its been a good indicator.

good luck