I thought about production costs but decided that the most accurate information was in the cost estimates looking forward into the current quarter that ends June 30. The last quarter costs covered the rampup period and early development and would be expected to be high.
It is probably too early to estimate longer term production costs however consider the margin between expected gold sales verses the estimated costs for the quarter. They should be producing plenty of cash to fund future activities.
AXM Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held