Looks like Breakeven Price is tad below $1100 US I arrive at this figure from the following information extracted as of Sept 30/23 from the Q1 report on current assets including Finished goods valued at $9.7 million US
Finished goods include 0.251 ounces of gold bullion held in the metal accounts (June 30, 2023: 0.251 ounces) and 8,337 ounces of gold concentrate held at Selinsing site (June 30, 2023: 5,701 ounces).
Removing $500 US for the Gold Bullion, we have $9.2 million US as the cost of those 8337 ounces of finished gold concentrate available for sale.
This works out to be a Breakeven All In cost of about $9.2 million US / 8337 ounces of gold in concentrate = $1100 US .
This is also the forecast Breakeven price of the 2019 FS .
Breakeven means all production and operating costs are included, so revenues above that level are free and clear...ie free Funds from Operation .
Breakeven is much more solid measure of free cash flows than AISC as AISC can be easily manipulated .
If these financial cost metrics are confirmed in Q2 report, Monument would rank in the top 25% of gold producers which at this early stage and still held down by continuing commissioning problems , is exceptional .
FYI ,WestGold AISC is $1375 US per ounce and its Breakeven is over $1500 US..