OTCQX:DMMIF - Post by User
Post by
amarkspon Sep 18, 2013 6:55pm
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Post# 21749871
DMM
DMMStill show DMM having negative cash flow for 3Q based upon quarter to date gold price averaging $1,330 per ounce versus ALL IN Cash cost at $1,360/oz. May be a bit optimistic as I am projecting gold ounces for 3Q at 6,499 ounces versus 2,800 for first 44 days of quarter.
For DMM not to have a PP before 9/30/13, then either DMM needs to have been processing higher grade ore since 8/14/13 and/or Ecuador Government needs to extend their loan to DMM (against royalty due and concession fees).
We shall see...
| DMM | Sep 13 Est | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 |
| TPD | 450.0 | 450.0 | 450 tpd | 425 tpd | 400 tpd | 400 tpd | 450 tpd |
| Quarter g/pt | 4.94 | 4.56 | 3.74 | 3.07 | 2.69 | 4.18 | 3.49 |
| Subsequent g/pt | | 4.40 | 5.26 | 4.11 | 4.32 | 5.33 | 4.11 |
| | | | | | | | |
| Gold Ounces Sold | 6,499 | 6,001 | 4,922 | 3,820 | 3,150 | 4,900 | 4,600 |
| Silver Ounces Sold | 17,000 | 10,960 | 16,030 | 6,700 | 11,600 | 8,300 | 7,100 |
| Revenue-Cash Flow | $8,874,149 | $8,716,649 | $8,472,082 | $6,810,981 | $5,547,122 | $8,148,878 | $7,894,197 |
| Revenue-Reported | | $8,716,649 | $8,472,082 | $6,810,981 | $5,500,000 | $8,200,000 | $7,900,000 |
| Gold Eq Oz @ 55:1 | 6,808 | 6,200.3 | 5,213.5 | 3,941.8 | 3,360.9 | 5,050.9 | 4,729.1 |
| Gold Eq Rev Per Oz | $1,330 | $1,406 | $1,625 | $1,728 | $1,650 | $1,613 | $1,669 |
| ALL Cash Costs-Inflation 8% | $9,261,723 | $9,080,121 | $8,744,460 | $7,199,673 | $5,919,483 | $9,726,381 | $11,360,791 |
| ALL Cash Costs-Fixed vs Var | $0 | | | | | | |
| ALL Cash Cost/Oz-Actual | $1,360 | $1,464 | $1,677 | $1,826 | $1,761 | $1,926 | $2,402 |