RE:RE:RE:RE:First Gold PourUnicorn9000 wrote: the cost of this gold is so low as well.
for a simple math 180,000 ounces times 1000 profit per ounce
180 million profit per year????
am I dreaming
The $800 AISC is based on the mine life so you would need to check the figure for next year...
But the Britania Mill was designed to process 2,000 tons a day and the current mine plan is set up for 1,500 tons a day... So production could be moving up to 2000/1500*180,000=240,000 and the all in dropping by 1500/2000*800=$600 AISC...
That should move the needle on the stock price if they can confirm the through put increase is possible...