Look at retired young's post above. Gold sales are taken off production costs. That is why production costs for the quarter is a positive figure. Hopefully from next quarter when they are considered to be fully producing it will be reported differently on the balance sheet. I hope so, Reading their report reminds me of trying to follow a brilliant maths professor who misses every other line out in a calculation and then wonders why you cannot follow how he came up with the end result.
AYC Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
