Banter and general comments, page-21593

Cost blowouts seem to be getting worse across the industry and that’s when you can get staff. Seeing some big blowouts in the AISC from a couple of the goldies who have just reported.

Despite the huge optimism of some on the LTR threads that their cost blowouts are noted I think one would have to be very sceptical that they won’t be a lot worse towards the end of the year. They are placing a lot of faith in DSO sales to bridge the funding shortfall, not sure timing will cover their shortfall when cash is needed. If DSO sales are so attractive I wonder why CXO hasn’t put more up for auction, would that be too much of a distraction to getting the DMS plant finished.

Pretty handy though being so close to production, just need some resource upgrades and significant mine life increases. Drilling results soon I hope.

Pundits are really starting to take notice of PLS now, nothing like rolling in cash with CXO ready to join the club.

Patience everyone

Just my thoughts

Rayda