GRY cash costs: USD$430
AZX cash costs: USD$968
therein lies a BIG difference.
AZX really need to work on lowering that cash cost.
That said the recent resource expansion should contribute to bringing that down, and hopefully they can raise the grade as well.
Also with a higher gold price, the higher cost producers have higher leverage so could show bigger % gains if gold keeps pushing up.
Lets hope so anyway!
bullabulling and gryphon, page-3
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