GREY:AVGCF - Post by User
Post by
art27on Dec 11, 2009 3:44pm
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Post# 16579313
Cash cost per oz ~US$550/oz in 2009
Cash cost per oz ~US$550/oz in 2009Which is not bad for a starting producer. $700/oz would be a "high cash cost producer" $550 is not high with gold $1100
and heading higher soon.
AVR au production and cash costs:
2009 = $550oz @ 50k oz annually
2010 = $450oz @ 80k oz annually
2011 = $450oz @100k+ oz annually
2012 = $400oz @100k+ oz annually (plans for 200k oz)
https://www.aviongoldcorp.com/Theme/Avion/files/AVRFactSheet090809A.pdf