Cash flow estimates Quick calculations from 2023 Guidance.
I anticipate the average gold price will be much higher than $1875 for the full year as Central Banks slow and then end interest rate hikes and start cutting rates later in the second half of 2023.
Using US$1875 gold price, and mid range for AISC and ounces guidance :
Nicaragua :
Gold price .................$1875
AISC midrange..........$1225 Net ..............................$650
Midrange prod oz...220,000 Cash flow ......$143,000,000
Nevada :
Gold price .................$1875
AISC midrange..........$1400 Net ..............................$475
Midrange prod oz .. .42,500 Cash flow .......$20,187,500
Consolidated $163,187,500
Using US$1875 gold price, upper end production ounces, low end of AISC guidance :
Nicaragua :
Gold price ..................$1875
AISC low end..............$1175 Net ................................$700
Upper end prod oz...230,000 Cash flow .......$161,000,000
Nevada :
Gold price .................$1875
AISC low end.............$1350 Net ...............................$475
Upper end prod oz ...45,000 Cash flow ........$21,375,000
Consolidated $182,375,000
2023 GUIDANCE : | 2023 GUIDANCE | CONSOLIDATED | NICARAGUA | NEVADA |
| Gold Production/Sales (ounces) | 250,000 - 275,000 | 210,000 - 230,000 | 40,000 - 45,000 |
| Total Cash Costs ($/ounce) 1 | $1,000 - $1,100 | $950 - $1,050 | $1,300 - $1,400 |
| AISC ($/ounce) 1 | $1,175 - $1,275 | $1,100 - $1,200 | $1,350 - $1,450 |
| Growth Capital ($ million) | $55 - $65 |
| Exploration Capital ($ million) | $25 - $30 |