My apologies if I am mistaken but aren't we producing just from the current leach pads and therefore still at a loss?
Once we start full production/mining, wouldn't the operation become profitable?....even moreso with the proposed grid connection.
I understand the calls for hibernation given the current silver spot price but what hapens to the workforce & management during this period.....Time off without pay?
I'm not sure if the workforce is casual, contrcat or permanent however, I cannot see the value if costs continue and income (albeit low) ceases.
Until we understand the costs, direct & indirect, of hibernation, I beleive it is a premature call.
No offence meant by the way.
I am quite happy to remain off the exchange at the moment as my exposure not huge......10% of funds invested....and wait for reversion to the mean for PM's
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