RE:RE:Q2 Earnings Challenge I decided to check for actual gold price monthly averages to see how close my rough estimate was.
On www.indexmundi.com they show averages for months of April, May, June of 2019 were as below
April $1290
May $1280
June $1360
This leads to a Q2 average of $1310 ( a little short of my $1333)
adjusting quartely earnings down by a ratio of 1310/1333 times $128.77 million comes to a new estimate of $126.55 million
Thanks miningman for your estimate of $36 million. If we split the difference the midpoint is $81.275 million. I will admit yours is more accurate if it comes in below that on Aug 2.