RE:RE:RE:What's going on?I'm not sure when earnings will be but my guess is around the middle of November. My other guess is that the earning will be very good based on these numbers.
Average gold price for the 3rd Quarter around $1475/ounce
Gold production of at least $40,000 ounces
All-in sustaining cost between $765 and $795/ounce
Outstanding shares of around 370 Million
Do the simple math:
The worst case scenario shows revenues of around $$59 Million
The worst case scenario shows revenues after All-in-sustaing costs of about $27.2 Million.
The Company's earnings before interest, taxes, depreciation and amortization ("EBITDA") is more of a guess and could be somewhere around $15 to 20 Million.
All in all, an improvement over Q1 and Q2 thanks to increased gold production and a higher gold price.