Coach, I am looking at this from a different angle. in Q1 I think there was a profit of 6.7 million, on 45k ozs of gold or about $150/oz net profit. being that q2 has 44k oz that come to about 6.5 million, all expenses being equal. I am thinking q2 will have 2 additional items, maybe 3. 1. effect of the gold forward deal starting, 2. purchase of additional fleet trucks, 3. maybe. additional contractor costs to help while the bigger trucks come online. That is how I am coming up so low earnings.
now, I will be the first to say my calcs are NOT exactly normal... lol
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