Metanor Resources MEAOD

MTO AISC Calculation

[fruitvale3067]

OK Basti I'll do it now. Here we go.

Ounces Produced =   6654
Average selling price of gold = $1683 Ca
                                                 $1331 US

Profit (Loss) = ($7,000,000)

($7,000,000) Loss / 6654 ounces produced = ($1052 loss per ounce)

Average Selling price of gold = $1683 Ca + ($1052 loss per ounce Ca ) = AISC of $2735 Ca per ounce of gold.

And you wonder why you couldn't find it.

[LiTeOn1981]

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[BASTILLEDAY4U]

My calculations were a bit different, my first method I used using operations cost ÷ 6,654 gold ounces. operations cost $ 8,220,620 ÷ 6,654 gold ounces = $ 1235.44034. I then realized this number was closer to the cash costs. So I then added other expenses $ 6,617,123 to operating costs. operations cost $ 8,220,620 + other expenses $ 6,617,123 = $ 14,837,743 $ 14,837,743 ÷ 6

[Jeepfan]

I am curious how much of this loss is drilling expenses and not related to production.

[BASTILLEDAY4U]

$3,804,850.

[LiTeOn1981]

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[Jeepfan]

I guess my next question is when the sandstorm deal is complete what effect will this have on production cost.