OTCPK:KRCLF - Post by User
Comment by
MVargason Aug 16, 2023 11:49pm
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Post# 35592249
RE:It looks like Krr sold no nickel in Q2...
RE:It looks like Krr sold no nickel in Q2...The MD&A states that 42,172 ounces of gold were sold at a realized price of US$ 1909/ounce.
Revenue from gold sales = 42,172 x $1909 / 0.74 = 108.34 million C$
Revenue from Nickel sales was $2.162 million and from silver was $93 thousand for a grand revenue total of $110.595 million. (See Note 19).
The $1,909 does seem to be very low. I own shares of Victoria gold that reported sales of 44,710 ounces of gold in Q2 at a realized price of US$1,981.