AYN 0.00% 0.1¢ alcyone resources ltd

>At a cash cost of $A20 in gold adjusted terms we are talking a...

  1. 12,639 Posts.
    >At a cash cost of $A20 in gold adjusted terms we are talking a cash cost of A$1,156 per ounce.

    That is before other costs are added to it so it would actually be far higher than $1156. Cash costs from the most recent presentation averaged $21.

    Then add:-

    Mining cost A$/tonne ore
    ~$7.00 - $8.00
    Processing cost A$/tonne
    ~$13.00

    This total's another approx amount of $20 costs on top of the 20-21 cash costs which would mean another $1156 costs to add in gold terms.

    That means that this gold mining company has total costs of $2312/ounce just using your metrics SP.
 
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