TSXV:MGR.H - Post by User
Comment by
MacRellenon May 24, 2022 2:49pm
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Post# 34704440
RE:RE:RE:Magna Gold Drastically Undervalued
RE:RE:RE:Magna Gold Drastically UndervaluedI'm not an expert, but I think AISC should include all costs that are required to maintain production going forward, so maintenance and capex (related to the San Fransico mine) should be included.
I don't know if there is a standard as to exactly what should be included in AISC, but I don't think so. I think it is partly up to the company, as Magna reported an AISC of $1662 whereas the poster at ceo.ca seemed to think that G&A costs and share-based compensation should also be included in AISC.
One should be able to see a company's profit easily if AISC is fairly reported, as:
Price of Gold minus AISC = profit per ounce.
I would not be surprised if we se 85 cents before year end, but I guess I'm also an optimist :-)