Yes that's true.
Survival until the end of the FY is the challenge. I note they are trying to cherry pick the better ore - I suspected they would do this and it can be a self defeating process. Its still a management challenge to survive - lets hope that the cu price can improve some as this is a big factor now we are unhedged
Ann: Activity Report for Quarter Ended 30 September 2016-HGO.AX, page-3
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