Uh, oh!!! Old Vert has just given Kaiser the kiss of death. He is suggesting that they will make their first profit this quarter.
He’s been wrong with all his forecasts for AUL both financially and operationally (understood given his absolute dearth of mining knowledge) and now professes to be knowledgeable with KAU operations. By memory I think that they only produced 700 or so ounces in the first couple of months this calendar year. Need a lot more than that given their high transportation and mining (airleg) cost structure.
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