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badge0913

08/11/16 3:46 PM

#55794 RE: StockItOut #55793

Totally agree Stock .. it should be an extra page (or two) on a gold miner's financial statement. This way investors can forecast a better average price, based on production.

Congo Mining

08/11/16 3:56 PM

#55795 RE: StockItOut #55793

If we look at POG chart and the prices from April 1st to June 30th it looks like an average sale price would be around 1255 to 1265

So as per the PR the realised price was 1201 so the streams cost something between $55-$65, over the quarter.

I don't think it was so volatile that we would need to break out every month,,,I was appreciative that they clearly stated that the differential was due to the streams. They had previously not stated how the streams would be accounted for.