Increase cash flow 2020 over 2019 Q4$1580 - KL Average gold revenue per ounce in 2020 per Kitco (below)
$1481 – KL Average gold Revenue per ounce in 2019 Q4 (per KL link below)
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$99 – Average increase, over 2019 Q4, in $ per ounce in 2020 up to 4 March 2020.
£186 – Increase in gold revenue per ounce at today’s price of $1667 v 2019 Q4 of $1481.
With annualised gold ounces ~ 1.5m, KL is generating an additional $279m (1.5m ounces x $186).
Assuming current KL SP of $36, KL could buy back 7.75m shares with this incremental cash flow.
https://www.klgold.com/news-and-media/press-release-details/2020/Kirkland-Lake-Gold-Reports-Record-Operating-and-Financial-Results-in-2019-and-Q4-2019/default.aspx 