Q3 Results Q3 2022 Highlights Financial
- $13.6 million in Revenue
- $4.0 million in Adjusted EBITDA(1)
- $3.8 million in Mine Operating Cash Flow ("MineOCF") (1) (3)
- $7.0 million in Net Loss after $5.4 million of depreciation, depletion(4) and amortization and $3.9 million in exploration expenses
- $1,018 Cash Costs ($/oz sold) (1) (2)
- $1,102 Total Cash Costs ($/oz sold) (1) (2)
- $1,367 All-In Sustaining Costs ("AISC") ($/oz sold) (1) (2)
- Three monthly repayment installments totaling $1.1 million were made on the Sailfish Loan during Q3 2022
Not great as we knew this was coming, but very high AISC, On a lighter note pleased to see we paid Sailfish 1.1million that should at least cover Akiba's Sailfish wages for 3 months...