Mexus Gold US (MXSG)

[T-Hawk]

Simple. You spread it across the number of ounces actually produced

If Mexus used that method to calculate a per cost ounce then it would be significantly higher than the $400/oz being thrown around.

At 3 million a year operating budget (and that doesn't include incurred costs/debt from prior years) spead out amongst the 300 oz produced this year (and that number is being extremely generous) the cost per ounce would be $10,000 per ounce.