| "Detailed information regarding the 2020 guidance can be found in the press release entitled "Alacer Gold Achieves 2019 Guidance and Provides 2020 Guidance of 310,000 to 360,000 ounces at AISC of $735 to $785 per ounce," dated January 22, 2020, available on the Company's website at www.alacergold.com, on SEDAR at www.sedar.com, and on the ASX at www.asx.com.au."
So..... to be conservative.......
with $1600/oz price of gold
(1600-785)*310,000= 252,650,000 Profit!
with $1700/oz price of gold
(1700-785)*310,000= 283,650,000 Profit!
with $1800/oz POG
(1800-785)*310,000= 314,650,000 Profit !
Assuming AISC are equal, every $100 increase in POG = 31MM increase in pure profit
Once again, all things being equal. We're not looking at changes in gold Oz sold or lower costs of fuel, perhaps fewer Oz sold/mined. I would say the numbers above are conservative given the use of the higher end of AISC and lower end of production guidance even given COVID. We're looking at a cash machine folks!
Best of luck all,
sb
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