RE:My AISC calculationHey Alf:
Your $3.9 M profit includes depreciation whereas AISC includes CAPEX but not depreciation - this is a major difference in the calculations.
The MDA (page 23) incudes C1 / AISC tables that detail the costs and credits included in the calculation.
One other issue... the C1 / AISC tables report on the production costs for the quarter whereas the income statement report cost of sales (beginiing inventory plus current production costs less ending inventory) - this is a major timing and reconcilaitin issue. The income statement is reported under IFRS whereas C1 / AISC are non-IFRS.
With a $1.4M YTD net income, Trevali has a lot of work to do!
Cheers