Hey Wassa, Thanks so much for that. * Staffing... a good outcome, as otherwise, they cannot fill the mill, or... mine/strip to access the best ore. Basically, profitability is key. * Good about GE, though I cannot help but be impatient about GN/NN, though as you say, the most recent results likely alter their earlier plan to mine the pit, so... more results, better mining outcome, but.. small delay to actual mining. Annoying short term, great long term. * Makes sense about GE. Base load at the same grade, but... cheaper to mine, so overall, a better source of ore. Though I was hoping that the grades near the bottom of GMZ stage 2 would be improving (perhaps they are, but... lower tonnage?). * Happy about more drilling, though, as I pondered earlier, they likely have to slow down a little, just too much cash being spent.. * Oh how I hope they find more N-S zones, would really really swing the dial. * 5yr mine plan, I am sort of surprised that they feel this is the base case (though @Joelstar has already provided some great estimates on how this might be achieved from the Murchinson regional assets). Perhaps its 4 years of strong production, and 1 year of treating low grade stock etc? * Costs, 2HY has to be better, simple as that, otherwise, SL should just put up the for sale sign. * Glenburgh - very interesting. I think the quarterly mentioned they have results pending. Though, in the short term, they have to be ignored, Dalgarang is key to everything (we all know this). * Supply chain, hopefully they can refine costs, though I believe that the cost of Gas is starting to increase? * A shame there seems to be no way around the TSF lift, but, if it has to be done, then so be it.
Either way, does indeed sound like everyone is working very hard. AUD POG is helping no doubt about it.
Good luck to all holders!
GCY Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
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