Q&A: Estimated Production Costs TG:
I built a sensitivity table on p.19 of our presentation showing the cash flow at different production levels (100-750tpd) and grades(1, 3, 6, 9 grams). In general, we are trying to keep it simple targeting $1000 per ounce profit as that is typical for gold producers with gold at $1700. Since we have an erratic vein system we are expecting alot of variability and clearly until we get some actual material flowing consistently any figures are just estimates. With our small market cap any amount of cash flow at a 5-10x multiple will lead to great return.