Mount Monger spitting out cash at spot with +A$250/oz margin. Quite exception on peer basis
Critically operating cashflow is allowing it to pay off debt to nil next month.
Production forecast increased and so if above hold the cash flow from operations (circa +$60M pa)
Yes I achknowledge Murchison is still a cash drain but this hasn't been scaled up enough to likely ever strain the balance sheet. If they can't sort it out then they have the option of closing it until POG justifies.
IMO FA alone should push above 80c in coming weeks
SLR Price at posting:
68.0¢ Sentiment: LT Buy Disclosure: Held