AISC is Not GAAP - it's not on a CPA's favorite This is all for entertainment only, has no real basis, and does not reflect on anyones reality.
It does not comment on any real events or people or refer to anyone now in existance or passed. No opinion is presented or implied.
So for your entertainment
AISC is Not GAAP A higher level of Due Dilligence is required if used as an investment
"All-In Sustaining Costs = Cash Costs (including by-product credits) + Sustaining Capital + Exploration expenses + G & A expenses.
First, it is important to know that these new metrics are non-GAAP (generally accepted accounting principles,) and there is no standardization and gold miners use the AISC quite subjectively.
There is NO standardization that's the clue.
"However, because it is a non-GAAP metric without proper standardization, we will have to be careful and always look seriously at what has been presented by the different companies."
https://seekingalpha.com/article/2799985-the-concept-of-aisc-in-the-gold-mining-industry-strength-and-weakness
Best