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• n  calculated cost for a given unit of a product

News & Articles

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• Citi: "No Gold Company... Will Generate Free Cash Flow At Current Gold Prices"
  After updating their precious metals' company cost curve , Citi's ominous warning that, "a combination of rising unit costs (15% yoy), sustained high capital budgets and a falling gold price have resulted in a fast contraction in margins - so much that no gold company under our coverage will generate Free Cash Flow at spot gold ."     Via Citi, Companies are trying to adjust by cutting capex ...
  July 8, 2013 - Zero Hedge