2,418 ounces poured in September = $4.1M @ A$1,700 per ounce cash flow.
October production rate 1,250 tonnes per week for 3 weeks + 1 week @ 2,500 tonnes for 6,250 tonnes @ recovered rate of 6.5 g/t au = 1,310 ounces of gold @ A$1,650 per ounce = $2.16M cash-flow
November rate @ 10,000 tonnes @ 6.5 g/t au = 2,096 ounces @ A$1650 per ounce = $3,458,400 cash-flow
December rate the same @ $3,458,400 cash-flow
Total cash-flow + gold poured and shipped ($3.45M) to end of year = $13.16M
Why are investors selling this stock?
AYC Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
