Calculations23 Jun 2016 16:59
Been doing some calculations based on product volumes .
We produced 22,706 ounces of gold in first quarter, so 4x 22,706 = 90,824 ounces of gold per year.
So how much can we make? well...
90,824 x $1,266 = $114,983,184 in revenue
Costs us :-
90,824 x $1,153 = $104,720,072
$114,983,184 - $104,720,072 = $10,263,112 profit
$10,263,112 dollars to pounds = £6.93m