Ann: Production update - gold sales commence, page-79

Yep.

Seems some are struggling here to work out how much it costs to PRODUCE gold.

Every cent they spend, from wages to office rent,

fuel to internet, development to biros,

is the COST of producing that gold.

If they state qtrly costs are $x, need to sell enough gold,

to cover those costs, or they're running in negative dollars,

and will have to do a c.r.

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Also people need to take note, if they pour a kilo of gold,

it is only 760 grams, of 24 ct gold.

The few $$$ for silver, hardly worth worrying about.

(under $5,000) worth.

Every ounce of dore' is worth approx. $1,368