InvestorsHub Logo
Followers 1
Posts 1134
Boards Moderated 0
Alias Born 12/29/2016

Re: 8thaero post# 40876

Tuesday, 11/10/2020 3:42:57 PM

Tuesday, November 10, 2020 3:42:57 PM

Post# of 47639
The alleged test miner exemption/revenue reporting rules have nothing to do with calculating all in cost.

Avg cost can't be determined if you don't know the total number of oz in the ore body. How do you apply fixed costs per ounce if you don't know how many oz to spread that cost over?