No an increased production for the next quarter won't necessarily reduce the total cash costs.
If the grade is increased it might reduce cash costs??
Either way I can tell you that total cash costs for any sort of production whether it is 7000/oz per quarter or 25,000/oz per quater is a very weak result and will deem the company unprofitable.
I certainly won't be investing any funds into the company until things dramatically improve.
Lucky that we have a rising gold price because that might be the saviour that this company needs right now and it might reduce the fall in share price??
IGR Price at posting:
47.5¢ Sentiment: Sell Disclosure: Not Held
