Projected Income with gold at $1,250
If Lom Poy kicks in as planned, here's my estimate of net income from gold sales. It doesn't include anything for PDI sales. Were ok as long as gold doesn't drop much below $1,000.
FY 2014 FY 2015
Ounces Produced 85,000 144,500
Ounces Owed To Deutch Bank 17,000 10,800
Net Available For Sale 68,000 133,700
Gold Price x $1,250 x $1,250
Revenue $85,000,000 $167,125,000
Revenue from Deutch Bank 6,800,000 4,320,000
Revenue from Gold Sale $91,800,000 $171,445,000
Less Production Cost (52,000,000) (64,000,000)
Less G & A (25,000,000) (27,500,000)
Net Income $14,800,000 $ 79,945,000