RE: PVK re: your numbersIt is my understanding that the ore comes in at a discount to market price (to pay for the processing).... So the stockpile that has been building up is laying there at upper $500's and lower $600's.
Should be a nice cash kicker for Q3. (If they are burning through it.)
>>> What kind of profit does YNG make by custom milling Newmont ore? <<<
Its not obvious to me because they were purchasing ore and carbon but not processing it all (ie. stockpiling it) so the costs look really, really high.
I came into YNG from the YGC side of things. Perhaps some of the former QEE shareholders/experts around here could comment?