You might want to include this as well, although some of it is a guess id imagine.
Other working capital facilities were utilised as the Company managed its Brazilian Real exposure. Capital and Exploration Expenditure Non-sustaining capital expenditure for the September quarter was $2.9 million, which was largely associated with deforestation and construction of the long term tailings storage facilities. Non-sustaining exploration expenditure for the September quarter was $1.5 million and included exploration expenditure during the quarter at Tucano and Tropicana East.
And keep this in mind:
Total high grade and low grade gold ore stockpile ounces at the end of September 2016 decreased by 3% to 4.13 million tonnes @ 0.68 g/t for 90,000 ounces, whilst marginal stockpiles of 1.5 million tonnes @ 0.43 g/t for 21,000 ounces remained static. Sulphide ore stockpiles increased significantly at the end of the quarter largely offsetting the depletion of the Spent Ore stockpile used to supplement oxide mill
That is 5.63 million tons of ore for 11,000 ounces at whatever price you want to pick.
The REAL increased by 20% this year against the USD.
You have to remember that this is not a complete financial report it is just a Qly production update and is limited mostly to that. To actually be able to say what has gone where you need to see the end of the year financial statement.
BDR Price at posting:
44.5¢ Sentiment: None Disclosure: Held
