TSXV:GSVR - Post Discussion
Post by
ErinBrockovich on Jan 27, 2023 8:13am
AISC Improving…
From CEO boards...
@lexcon @bedrag the reason for the 3x in profit with a 50% increase is obviously because the entire increase in spot price is all profit. At $20 the price is above both cash cost as well as AISC, so at $20 silver with cash cost around $15 and AISC around $17-18 they are net $3 to $5 profit per ounce. At $30 the additional ten dollars is all profit, so it goes from net of $3 to $5 to a net of $13-15, thus the 3x in run rate profit.
@lexcon @bedrag the reason for the 3x in profit with a 50% increase is obviously because the entire increase in spot price is all profit. At $20 the price is above both cash cost as well as AISC, so at $20 silver with cash cost around $15 and AISC around $17-18 they are net $3 to $5 profit per ounce. At $30 the additional ten dollars is all profit, so it goes from net of $3 to $5 to a net of $13-15, thus the 3x in run rate profit.
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