Ana Paula Cash Costs $526 OZLots of misinformation being provided today by the usual paid lads. It doesn't take too much research to learn that the cash costs forecasted on the PEA of Ana Paula is $526 oz.
Based on todays gold price the profit per ounce is substantial. BTW. the pre-production costs will be lower as a result of the recent news release
Ana Paula – PEA Summary (based on $1300/oz gold price)
Mine Life 8.2 Years
Ore Mined 17.8 Mt
Strip Ratio 2.60 w:o
Plant Throughout 6,000 tpd
Average Au Grade 2.24 g/t
Average Au Recovery 75%
LOM avg. Au Payable 116 koz / yr
Pre-production Capital $164 M
Sustaining and Closure Capital $56 M
Au Cash Cost Net of By-Products $486 / oz
Au Cash Cost Net of By-Products incl. Sustaining Capital $526 / oz