Thanks. So:
Value Measure = EV / Production / AISC / $1000 = (EV*AISC) / (Production*$1000)
So that the units are: ($*$/oz) / (oz*$) = $/square oz
I find a measure with a square of ozs a curious one. It is not the square of production, it is simply a measure with square ozs. I am having difficulty appreciating why this is a suitable measure of value?
Thanks. So:Value Measure = EV / Production / AISC / $1000 =...
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