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Re: gitreal post# 38404

Wednesday, 07/08/2020 4:18:38 PM

Wednesday, July 08, 2020 4:18:38 PM

Post# of 47618
Yes, I do.

I have confidence that Paul can do simple arithmetic. Dividing the expenditures in Mexico by the number of ounces (equivalent) gives you the cash cost per ounce. I'm sure that the PR that announced the $376/oz cost reported a rounded number, but I have no doubt that the cost was less than the $400/oz figure I used.

It's the $1800/oz figure for future sales that's a lowball estimate IMO.

Dino