RE:RE:RE:Results outever notice that when Gandork is faced with facts, he just shuts the FU???????
$2 here we come!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!......................$20 by end of year..................................SmilinJuan will be smilin!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
SmilinJuanG wrote: Gandork, production based ASIC is NOT $708USD. You would need to add in the amount they carry the unsold inventory for thats on the books. So ASIC would not change materially (it would change slightly due to amortizing CAPEX over more ozs, but thats maybe $20/oz).
When you look at ASIC without corp head office and maintenance at EMIPA, the $1,190/oz is respectable.
Of course, this raises the question again on WTF are these guys spening $3M a year on at head office????? Burn should not be more than $100k/month at the high end. ANd of course, the shltshow in bolivia...................................pissin close to $2M out a quarter?????????????????..............................and dlckin around on the stockpile??????????????????????
ITG still a dark order at 29.5 cents..........................if you love it so much Gandork, I'm sure they have at least 500,000 shares theyre sellin...............
ganndolph1 wrote: jicoop, Your All-in sustaining costs include the $1.6 million USD cost of care and maintenance at EMIPA and the $1.239 million USD overhead cost of the Toronto corporate office.
The production based AISC at EVBC is running at $708 USD per ounce of gold production and so EVBC is now a LOW COST MINER thanks to higher copper prices and higher silver prices.
Q1 2021 Consolidated Highlights: - Production of 18,398 gold equivalent ounces (14,127 gold ounces, 2.0 million copper pounds and 55,333 silver ounces).
- Revenue of $27.8 million. Average realized gold price per ounce of $1,868 and copper price per pound of $3.29.
- Plus 400k unsold pounds of Cu = $1.3 Million USD in by product revenue at $3.29 copper and 2072 ounces of unsold gold at $1868 USD/oz = $3.87 Million USD.
- Total Gold Dore and Gold copper concentrate valued at $6.89 Million USD as of 12/31/20
- EBITDA of $7.3 million.
- Free cash flow of $5.1 million.
- Cash balance of $15.6 million as at December 31, 2020.
- Sales Based Cash Operating Costs ("COC") and All in Sustaining Costs ("AISC") of $1,051 and $1,467.
- Copper by product revenue of $6.436 Million is second highest quarterly copper revenue
- Silver by product revenue of $1.038 Million USD is 3rd highest quarterly silver revenue.
- EVBC Sales Based COC = $954 USD/oz gold sold, and AISC = $1191 USD/oz Au sold.
- Production Based AISC = $10,005,000 USD/14,127 oz = $708 USD/oz
- Q1 2021 Copper production level is highest quarterly copper production since start of commercial production at EVBC
Selected Q1 2021 EVBC Financial Information | | Q1 2021 | Q4 2020 | Q1 2020 | FY 2020 |
| Operating Performance | | | | |
| Gold | | | | |
| Grade (g/t) | 2.60 | 2.70 | 2.42 | 2.56 |
| Recovery (%) | 92.6 | 93.3 | 92.2 | 93.1 |
| Production (oz) | 14,127 | 13,422 | 15,815 | 53,421 |
| Sales (oz) | 12,085 | 14,784 | 18,663 | 55,344 |
| Average realized price / oz | $1,868 | $1,891 | $1,473 | $1,647 |
| Copper | | | | |
| Grade (%) | 0.63 | 0.58 | 0.36 | 0.45 |
| Recovery (%) | 81.6 | 83.4 | 71.5 | 80.8 |
| Production ('000 lbs) | 2,044 | 1,780 | 892 | 5,611 |
| Sales ('000 lbs) | 1,645 | 1,971 | 1,051 | 5,512 |
| Average realized price / lb | 3.29 | 2.93 | 2.64 | 2.68 |
| Financial Performance (in 000's, except per share amounts) | | | |
| Revenue | $27,815 | $32,586 | $29,020 | $101,994 |
| Mining costs | $17,657 | $22,392 | $26,004 | $82,240 |
| Gross margin | $6,263 | $3,290 | ($2,613) | ($2,114) |
| Net income (loss) | $1,919 | $8,640 | ($2,745) | ($1,592) |
| Net income (loss) per share (basic/diluted) | $0.01 | $0.06 | ($0.02) | ($0.01) |
| EBITDA | $7,282 | $7,255 | $1,515 | $9,544 |
| Operating cash flows before non-cash working capital changes | $7,494 | $4,304 | $2,108 | $8,959 |
| Operating cash flows | $5,087 | $13,392 | $2,176 | $11,435 |
| Free Cash Flow | $5,087 | $602 | $328 | $278 |
| Ending cash and cash equivalents | $15,562 | $15,572 | $8,135 | $15,572 |
| Capital expenditures (2) | $2,407 | $3,702 | $1,780 | $8,681 |
| Cash operating costs (by-product) ($/oz) gold | $1,051 | $1,241 | $1,207 | $1,278 |
| All-in sustaining costs (by-product) ($/oz) gold | $1,467 | $1,609 | $1,370 | $1,582 |
| All-in costs (by-product) ($/oz) gold | $1,518 | $1,643 | $1,382 | $1,614 |