Last Q MML produced 21T ozs at an AISC of around US$1250 and had 15.5 million in the bank
This Q they produce 26T ozs at an AISC of US$989 and sold their gold at an average
of just under US$1300 which gives a margin of about US$300/oz but they now have
US$2 million less in the bank.
I though the idea was to generate a profit and build the bank balance
Can Someone Please Explain
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