GEM reported costs for kimberley of (guess thats Ellendale) of $101.2M on revenue of $113M for FY2012.
EBITDA of 12.4M but booked a loss after D and A of ($6.6M)
Re Gem diamonds 12 march 2012 presentation
If costs are similar for GRX then that would be around $8.5 a month in costs excluding D and A
However costs have been escalating year on year so hard to draw a conclusion .
Also seems tpm is dropping off but compensated for by higher grade and higher price per carat with looks like about $12M per month in R in the last announcment.
be nice if it was
$12M - 8.5 = US$3.5M a month EBITDA as loan would be paid of in 3 months.
GEM reported costs for kimberley of (guess thats Ellendale) of...
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