AGD austral gold limited

Ann: Half Year Financial Report, page-3

  1. 953 Posts.
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    Half Yearly shows that Cosposo is REALLY having a negative effect on AGD progress.

    The Share Price on the TSX of AGLD fell to 0.065 and nearly 0.07 on the ASX on the 21 August before this the Half yearly Report came out.

    Mined and processed ore numbers are down on the December 1/2 yr. Grade mined at Cosposo down for both Gold and silver. Gold produced down nearly 50% and silver produced nearly 300000 oz at Cosposo.
    Worse than that is the Cash Costs and AISC . CC up from $924 to $1438 and AISC from $1096 to $1816. Sales of Gold Eq oz down from 20831 to 16505.

    Thank god for G/A where results were better this half saving what could have been a very bad result.

    Things will have to improve at Casposo or AGD will continue to be an also ran beside its peers

    Sorry to be negative but you cannot hide the facts. change in sentiment.

    moureeses
 
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