This appears to be a very positive quarterly report. The promised improvements in cash costs are starting to show up. The access to our best high grade ore is happening as of January so next qtr should be good and the owned fleet of trucks is already delivering better results.
Looking forward to Q1 and beyond for positive increases in production results and more lower cash costs. Cashflow has to improve if those things happen.
In the meantime, LSA is a highly leveraged play on higher gold prices.
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- Ann: December 2012 Quarterly Report
Ann: December 2012 Quarterly Report , page-2
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