-
Share
4,689 Posts.
74
24/09/10
13:22
Share
I see the following figures:
6,400 oz from Eng' Project and another 1,400 oz from Torr' Project = Total 8,200 ozs of gold produced
Therefore 8,200 ozs x spot Gold Price of say $1,290 = $10,578,000.00
say Cash costs as Co puts it at say $800/oz
Then 8,200 ozs x $800 = $6,560,000.00
Thus $10,578,000.00 less $6,560,000.00 =
$ 4,018,000.00
(ps: I didn't work out the tax payable as that varies with credits etc etc etc)
-