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AUREUS MINING INC T.AUE

"Aureus Mining Inc acquires, explores for and develops gold properties in the West Africa, specifically the New Liberty Gold Mine in Liberia. Its business segments are Liberia development, Liberia exploration, Cameroon exploration, and Corporate."


TSX:AUE - Post by User

Comment by theo1264on Aug 08, 2016 1:56pm
114 Views
Post# 25120021

RE:RE:restart

RE:RE:restart
cost per oz includes mining operations while milling production suspended which added to costs. commercial cost/oz was $1,034/oz and AISC was $1,153 prior to shut down earlier in the year. Cost reductions from Q1 levels ($1034 and $1,153) should be expected from new mgmt. initiatives rather than from levels reported for Q2. Q2 cost/oz is not a good representation of future profitability/efficiency. Stock is oversold if you are long term investor. :0
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