NYBob Saturday, 10/19/19 02:43:57 PM Re: Montanore post# 944 Post # of 1027 Relief Canyon Technical Report - Net after operating costs According to the Relief Canyon Technical Report and Feasibility Study the operations will generate the following Net after operating costs (Page 18 https://www.americas-gold.com/site/assets/files/5091/relief_tech_report_2018.pdf) Net after Operating Costs Year 1: $24,064.5 (Total Gold Produced: 68,660 ounces) Year 2: $37,815.7 (Total Gold Produced: 83,270 ounces) Year 3: $38,741.9 (Total Gold Produced: 86,390 ounces) Year 4: $25,607.8 (Total Gold Produced: 83,850 ounces) Year 5: $38,089.2 (Total Gold Produced: 93,520 ounces) Year 6: $81,392.8 (Total Gold Produced: 93,170 ounces) Year 7: $998.1 (Total Gold Produced: 650 ounces) Total: $246,710.1 (Total Gold Produced: 509.51 ounces) I did not include the amounts of Silver produced in the above overview. The model is based on $1,290 per ounce gold price and $16.75 per ounce silver price. As a result the net after operating costs is around 40 % higher with today price of Gold $1,500 (AISC at Relief Canyon is $801). by kukaman @ sth My opinions are my own and and DD I post should be confirmed as unbiased