GREY:RNKLF - Post by User
Post by
pierregon May 05, 2019 8:55am
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Post# 29711989
$RNX: Royalties are included within AISC
$RNX: Royalties are included within AISCRoyalties are included within AISC (All-In Sustaining Costs) as per https://www.denvergold.org/wp-content/uploads/DGG-Presentation_GrantMalensek.pdf:
«AISC Adjusted Operating Costs; plus
-Corporate General and Administrative expense
-Exploration and study costs (sustaining)
-Capital exploration (sustaining)
-Capitalized op stripping and UG development (sustaining)
-Capital expenditures (sustaining)
= All-In Sustaining Costs
Adjusted Operating Costs:
-On-site mining costs
-On-site G&A costs
-Royalties/Production taxes
-Hedging impacts on operating costs
-Community relations costs
-Permitting costs
-3rd party smelting, refining and transport costs
-Non-cash remuneration (site based)
-Stockpiles/product inventory write-downs
-Operational stripping costs
-By-Product credits. »
April 5th 2019 https://ceo.ca/rnx?b653b20e4f45 :
RNX gold production costs reduced to USD $698 in 2018 from $1579 USD in 2017.
Mark Selby: «The cash costs going forward is really going to depend on the mix of high grade coarse gold and sort of the bulk production that we have going forward. Again, once we get the resource update and an updated mine plan out subsequent to that, we’ll be able to comment in terms of what that AISC looks like going forward and obviously again, where we end up with on a given transaction will have a big impact on that as well. »
From @Lexcon May 2nd 2019 as per https://ceo.ca/rnx?99180497dc01 :
«200k annual with $950 AISC and 1300/oz POG works out to close to 0.12 to 0.14 per share annual ebita. »
From @Geodan April 18th 2019 as per https://ceo.ca/@geodan?83985740e4a1:
«Did get some info on questions from company. About what guessed. They think 3 grams or more a ton at widths they are seeing would be quite positive cash flowing to bulk mine, especially with mill if they get it. That matches what see in past. And the drilling they have released is better than what they got in 2017 width and grade wise. What they have been seeing width and grade wise is better than what they expected at both shear zones they have have been drilling. They have not explored much below the sediment layer. I am encouraging them to drill downward in the shears, not from the side, just to gauge how shears grade with depth below sediment layer and maybe hit another sediment layer. The next drill report will give us more data below, but really want to know what is 200, 300 meters down in the shears. Could be a big deal. Now 8% up on RNKLF Some more clarification on that, asked at 8 meters width, so at 8 meters they think 3 grams will cashflow well with the mill. That is more like old widths. They have some 20 to 40 meters widths in new drilling at over 3 grams. That should then be very very profitable IMHO. »