InvestorsHub Logo
icon url

gharma

06/23/13 11:24 AM

#316 RE: Stanner #315

Cost of production is one of the costs incurred by the company, but there are others that cost of production does not include
One must take all costs into account, not just what is usually termed the cash cost of production, a number more close to the per ounce cost of running the mining operation, not the cost of running the company (sales, admin, debt service, taxes, cap ex, etc.)
There are companies with 700 cash cost of production on gold per ounce that are loosing money at 1400 per ounce gold.
icon url

gharma

06/23/13 11:29 AM

#317 RE: Stanner #315

not my game, have fun
but I will give you a hint
the non-standard "all-in" cost is not too often reported, although motion to making it "normalized" has been gaining
For a number of companies the easiest route is to find in the financials the net profit number and that you can divide by production ounces.
I assume you do know what the bottom-line net has been Q over Q for Lake Shore . . .