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5.1¢ millennium minerals limited

Ann: July Production Update, page-21

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xmanrocks

3,202 Posts.

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06/08/19

11:39

Post #: 39880754
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Originally posted by thecone: ↑

Yes, they were always going to take the last draw down, to develop the open pit. .Always.
Don't think any negative conclusions can be Taken from that regarding current operations, all things being equal if production is up aisc should be down.
If pog is up, it is, cash flow should be up.
I have to agree with all who have questioned transparency. ..But asking for aisc for July is too soon. ..IMHO.
A profit is a profit, that's why we're here so well done, ..have banked some myself playing the range. ..
Overall positive for me.. .Gltahs.

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of course if production is up AISC will be down......but from a ridiculously high AISC to what..........just really high

MOY Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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