All the comments above seem to ignore the BFS and the costs of that for the Copper project of some 60k tpa...which will follow the start up of the Gold project, which is at Jabal Shayban using the Oxide cap to the copper and the gold at the other project being trucked to Jabal Shayban for a couple of years...
All seems perfectly normal to me...remember they only have 50% of Jabal Shayban, but 100% of the gold projects...seems they had little choice and in these times? What do you expect?
I think they are making great progress with cash flow just around the corner...
CGG Price at posting:
11.4¢ Sentiment: LT Buy Disclosure: Held