Both good and bad in the report:
Cash position excellent
Too much hedging at US$1299
Edikan costs too high again
Sissingue doing well and better prepped for next wet season
Yaoure very early days of development
Some positive exploration at Sissingue finally
Edikan dead when it comes to exploration - this is an issue for those investors who think 500k p.a. is going to last very long
I'm holding, but it's not all roses unless they magically find/buy more gold near Edikan
Hope this helps
Ann: June 2019 Quarterly Activities Report, page-26
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$2.78 |
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| 1 | 5638 | $2.78 |
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