To calculate the revenue based on the given production figures and metal prices for gold, silver, and copper, you can use the following formula:
Revenue = (Gold Ounces x Gold Price) + (Silver Ounces x Silver Price) + (Copper Pounds x Copper Price)
Given the information you provided:
- Gold Ounces = 12,427
- Gold Price = $1,928.61 per ounce
- Silver Ounces = 38,861
- Silver Price = $23.57 per ounce
- Copper Pounds = 1.4 million
- Copper Price = $3.79 per pound
Now, plug these values into the formula:
Revenue = (12,427 x $1,928.61) + (38,861 x $23.57) + (1,400,000 x $3.79)
Revenue = ($24,009,648.47) + ($914,764.77) + ($5,306,000)
Revenue = $30,230,413.24
So, the estimated revenue for this production in Q4 FY2023 would be approximately $30,230,413.24.