- contractor prepayments mean lower costs Q1
- giving contractors shares in exchange for expenses, costs means expenses become equity ie less expenses sharply lower
- contractor deals to profit share by cutting costs sharply mean lower expenses
- record production pQ from all 3 mines sites for a full Q instead of 2 months shutdowm, means higher sales, much higher than 1.9MT, maybe even 3.5MT pQ
Q1 setting up for cop aisc at $44ust not $50ust, even $50ust would be a shock tothe market, end of loss production, cashbuild would swivel heads.
Your maths is way out. Lets see the flatline hold, lets see the buy volume pick up once sellers have been saturated. Reverse takeover remains in play, a lot of buyers since relisting 600M shares traded. Thats 20% of all shares.
Q1 surprise upcoming imho.
AGO Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
