Amazing operation. Continues to purr like a kitten.
Debt down, hedge (whatever you want to call it) down. Guidance is interesting.... 100-120k, but... provided in a quarterly manner. Still impressive numbers. Slight rise in AISC, and they mention some cost pressures, but, compared to almost all others producers, it's impressive. Debt down to $40m USD. Sprott is making incredibly margins, with hindsight... I wonder if management could have just raised the entire amount of capital required due to the incredible pedigree with the sector.
Interesting they keep pushing back the MRE, but.. they hint that its all about whether to just go big with an expanded open pit, or go U/G.
EMR Price at posting:
$2.13 Sentiment: Hold Disclosure: Held
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