OTCPK:KRCLF - Post by User
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2008runon Oct 04, 2020 10:15am
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Post# 31664247
COULD KRR NEXT QUARTER AISC BEAT YAMANA's?
COULD KRR NEXT QUARTER AISC BEAT YAMANA's? ccording to S&P Global,
“The median all-in sustaining cost, or AISC, was US$923 per ounce, down from US$947/oz in the third quarter across 17 firms with reported production over 500,000 oz in 2019, according to S&P Global Market Intelligence data. . . In the fourth quarter, costs declined for 11 of 17 miners analyzed.”
Despite many gold producers being in a position to realize significant profits, the market appears to be concerned about reserves and where the next generation of gold mines will come from. As a result, many majors trade at significant discounts in comparison to their 2011 highs – as much as 50% or more based on stock value.