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Re: bostonseb post# 41546

Thursday, 10/01/2015 6:29:24 PM

Thursday, October 01, 2015 6:29:24 PM

Post# of 63744
You are way off Boston. AISC may be that high, but cash costs over the next year are 500-600. You realize AISC includes D&A (non cash charges) right?

They are depreciating their book value and including that in AISC.

You should only be using Cash cost per ounce. Capex will be limited they said over the next year.

And they would cut exploration if they need to.

Also having paid off some debt and having two producing mines would easily allow them to get better terms on the next round of debt.

Nicely formatted, but you clearly dont work in finance. I have worked in Rwanda for the Ministry of Commerce. Credit Suisse Private Equity and now I work in M&A for a Fortune 250 firm.

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