WAF 5.10% $1.34 west african resources limited

Hi All, At the current processing rate I estimate 14,500 per...

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    Hi All,

    At the current processing rate I estimate 14,500 per month

    AISC of US$600 or A$930

    Unhedged so lets assume conservatively US$1,950 or A$2,700 per ounce sales at spot.

    So roughly at the moment they should make 14,500 ounces @ a margin of $1,770 or gross profit of A$25.6m for the month.

    Am I far off??
 
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