Corrected presentation of the Revenue Est.
suggested by Tad for the 2nd Quarter ...
.
.
CMM - 2nd Qtr Rev Est
.
.
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Total Gold Production Oz 21,500
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.
.
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Market Price Gold
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POG - USA $ 605
Oz Sold 9,924 46.2%
Revenue USA $ 6,004,020
Conv Rate 1.1100
POG - Canadian $ 672
Oz Sold 9,924
Canadian Revenue 6,664,462
.
.
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Call Option Gold - Part A
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POG - USA $ 498
Oz Sold 8,050 37.4%
Revenue USA $ 4,008,900
Conv Rate 1.1100
POG - Canadian $ 553
Oz Sold 8,050
Canadian Revenue 4,449,879
.
.
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Call Option Gold - Part B
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POG - USA $ 550
Oz Sold 3,526 16.4%
Revenue USA $ 1,939,300
Conv Rate 1.1000
POG - Canadian $ 605
Oz Sold 3,526
Canadian Revenue 2,133,230
.
.
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Total in USA Dollars
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USA Revenue 11,952,220
Oz Sold 21,500
Avg Price per Oz 556
.
.
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Total in Canadian Dollars
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Revenue 13,247,571
Other Rev 100,000
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Total Revenue 13,347,571
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.
The gold sold represents true production and does
not imply some gold was taken to inventory.
regards,
John McCarthy |
