http://www.silverdoctors.com/cash-costs-are-completely-bogus-are-misleading-pm-investors/#more-16690
"Cash costs exclude depreciation, depletion and amortization, accretion, corporate general and administrative expenses, exploration, interest, and pre-feasibility costs."
I love his example of a company with a negative Cash Cost!
:rotflmbo:
Does anyone know of a good metric to measure the true cost per ounce of a particular metal mined by a mining company?
"Cash costs exclude depreciation, depletion and amortization, accretion, corporate general and administrative expenses, exploration, interest, and pre-feasibility costs."
I love his example of a company with a negative Cash Cost!
:rotflmbo:
Does anyone know of a good metric to measure the true cost per ounce of a particular metal mined by a mining company?