RE:Projected Q4 cash cost
Mrtkr1 wrote: Based on the last update we received, the company projected the total cash cost to come between 772-804. Since we know the total 2021 production (268983), Q4 production (77594), cash cost for first 9 months (857) and total production for first 9 months (191389) we can figure out the projected cash cost for Q4. We should see cash cost 562-673. Please correct me if am wrong but I think that will be a record low for Aura and generally very low cost in the industry. Looks like things are going to get very exciting over the next few weeks.
Agreed Gold Road was such a drag on costs. Best thing management did was to walk away from that and you are probably right at costs. Can't wait until they start drilling Almos. I have owned it since Rio Novo days and Paiol Pit has a much larger deposit at deeper depths .RN ran out of money and I was speaking to the geologist who was from Newmont at the time , says deeper drillling would confirm that the deposit is much larger than anticipated . So time will tell. Btw, Matupa runs along a 14 km tract that has not been drilled that RN had the land rights to.