Hi CEB2,
No the formula is consistent throughout -
Revenues = (price of gold * gold output) + (price of silver * silver output).
eg. Year 5 (2015 in my example)
Price of gold = $1,000 - Output 116,725oz
Price of silver = $25 - Output 132,213
Revenue = (1000*116,725)+(25*132,213)
= $120.03m
Same formula applies for each year.
Regards,
Hi CEB2,No the formula is consistent throughout - Revenues =...
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