RE: Gold8 May 2025 13:54
So lets do some modelling:
Assumptions
9 g/t 100 tpd 14 days production realised gold price $3,200 marginal cost $900/ounce
12,600 grams so 405 troy ounces https://x.com/i/grok/share/31PfToPsy8LVRgM0frJFC2uvH
Revenue
$3,200-$900 = $2,300
405 x $2,300 = $931,500
So 3% royalty
$27,945
So a bit better than "A days finance charge at 5k if you are lucky": a bit closer than you normally are.....
So on a full quarter at 100 tpd (same assumptions) $167,670. On a full quarter at 200 tpd $335,340. Ish, done on a 28 day month.
I am beginning to have my doubts about you being the World's Greatest Part Qualified Account, Investment Adviser, adviser on Company Law, expert on Insider Trading, FCA rule book and MAR etc ad nauseum.
DYOR zzzzzz