Looks like almost everything was still mined from the lower grade pit resulting in lower margins for this quarter. With higher grade mining and the yield optimisation program completing margins are expected to increase substantially again next quarter. Not really as bad as many seem to think here. The recent resource upgrade and project development in Argentina haven't been priced in properly yet. A lot of upside in the coming quarters.
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- Ann: Quarterly Report - December 2018
Ann: Quarterly Report - December 2018, page-33
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