Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: More deception, right under our nose

Aug 16 NR

"Operating profit margin (please see discussion of Non-GAAP Financial Measures in the MD and A) per ounce is calculated as $543 ($511 USD) at the Hinge mine and an operating loss per ounce of $324 ($305 USD) at Rice Lake. Cash cost per ounce at the Hinge was $685 ($645 USD) and $116 ($109 USD) per ton, cash cost at Rice Lake was $1,552 ($1,462 USD) per ounce and $283 ($267 USD) per ton. In total this meant the overall cash cost was $1,084 ($1,021 USD) per ounce and $190 ($179 USD) per ton – still developmental but materially improved over the same quarter last year of $280 ($264 USD) per ton and $2,833 ($2,669) per ounce cash costs."

Sept 3 Report on SEDAR pg 7

Over a 5.5-year mine-life the project will generate $407 million cash surplus before taxes and cashflow from operations
(EBITDA) of $463 million (average EBITDA approximately $84 million per year). The breakeven life-of-mine gold
price is US$575 to allow for recovery of ongoing development capital expenses.
The project has positive cash flow from operations at gold prices in excess of US$575.

Share
New Message
Please login to post a reply