RSG 0.70% 70.5¢ resolute mining limited

for all that it is worth, a recent report gave gross operating...

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    for all that it is worth, a recent report gave gross operating costs at syama as being US$9m per month, and that the plant was almost operating breakeven on a cash basis. costs are both variable and fixed - and without much more information, then maybe the company needs to produce 10,000 oz per month (assume that grade, is according to plan, or the long term average). given the company's own numbers, then $5m surplus from 10,000 oz is just day dreaming. higher production rates, of course mean higher use of inputs

    perhaps when output cranks up to 15,000 oz per month, then there could be a surplus of about $3m - $5m. 20,000 oz per month, then it could be intersting
 
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