Post by
Freddy1989Germa on Apr 06, 2023 11:51am
Q3 Profuction
So, very roughly, in Q3 ending in March 2022, up to 6000 ounces of gold within concentrate could have been produced for sale.
At $2500 cad per ounce, gross revenues would be about $15 million cad less $1.5 million for smelting which nets about $13 million cad in revenues for Q3.
Hello I also think 6000 ounces per quarter is more realtic.
The 60 000 ounces in the first 2 years were at 2 grams and the BIOX plant if I remember correctly.
If the ALL In Cost is 1300 dollars or lower, which I think it will be, maybe even 1100 or 1000 dollars because it is fresh ore, then we have a good profit margin.
How do you see the ALL In Cost? Do you know other companies besides Majestic Gold where you could see where the ALL IN Cost is.