Hi Ajtrader,
Could you explain how you came to this?
"Also - as i tried to point out a long time ago, but a lot of people missed the point, cash costs per GOLD produced is actually far lower then what MYG have stated - which is $618 per GOLD equivalent produced.
GOLD cash costs per ounce are actually nearly exactly $500 an ounce per gold recovered."
Say overall cost is 100$, Gold is 50oz, gold equivalent is 100oz. Gold alone would cost 2$/oz while gold eq would be 1$/oz.
I fail to understand how the number actually drops.
trading halt, page-40
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