MYG 5.36% 79.5¢ mayfield group holdings limited

Actually, now i look it over, me and lederp are both incorrect....

  1. 681 Posts.
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    Actually, now i look it over, me and lederp are both incorrect.


    The cash costs per ounce of gold produced is still exactly the same as oz equivalent.


    Not sure what i was thinking - usually companies will state their cash costs per oz of gold produced(including other credits) - which is what i was trying to get accross.

    I was incorrectly getting the Cash Costs for oz equivalent and then taking the silver and copper credits off this amount.

    This is partly correct, but the overall costs is still the same, so the cas hcosts still remain the same for oz of gold produced.

    Man this did my head in, im not thinking straight at the moment. :)

    Boy i wish there was just a set code all mining companies had to confirm too when reporting costs, and also cash costs including all ongoing capital costs as lederp has mentioned.

    Would be a hell of a lot less confusing when trying to do all these calcs...
 
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