AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Cyanide Facility Completed , page-32

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 28,822 Posts.
    lightbulb Created with Sketch. 48
    You're funny, allaussie, with your assumptions! I doubt you've even been to the mine to discuss costings. When I was there, most of the mining staff were on contract, so every ton mined was a variable cost. The only significant fixed cash costs of production were the salaries of the production management.

    Having said that, if the staff are still on contract, that means that the cash cost of production this quarter should be much lower than the last, because they kept the heaps irrigated during the suspension of operations. So when they started up again they would have extra silver in the liquor to be extracted without the mining costs associated with replacement of crushed ore.
 
watchlist Created with Sketch. Add AYN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.