Hi discovery. If you are basing your cost numbers on the 2014 FY of 1070 per ounce - that was last year.. If U look at page 5 of the June 2014 quarterly report the AISC for the June quarter only is 1170 dollars plus a strange 200 dollar ore cost at the bottom i do not understand
Given production guidance going forward is 125 - 135k per year in 2015, than this would imply about 31-33k production per quarter so I reckon ot may be a slightly higher AISC cost.
IMO the Sept quarters numbers and outlook statement is important. Production could be higher so costs go down.
SLR Price at posting:
32.7¢ Sentiment: Sell Disclosure: Not Held