G1A 0.00% 5.9¢ galena mining limited

Word is out in the AFRWay back last year I did make the point...

  1. 2ic
    5,755 Posts.
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    Word is out in the AFR
    https://hotcopper.com.au/data/attachments/5210/5210848-cf304dd42737a5bb90a8d6ef2845624f.jpg
    https://hotcopper.com.au/data/attachments/5210/5210852-d915fa8e13fe5fb19d8cb968207b572a.jpg
    https://hotcopper.com.au/data/attachments/5210/5210855-397cfbc63717352ae47bd7886f872c32.jpg

    Way back last year I did make the point that although the NPV wasn't updated for the new mine plan, opex costs were little changed (though some) from the 2019 DFS days. All predictions of robust margins hung on the veracity of opex guidance once the plant was up and running... now it is, cold reality was always going to shove misleading BS aside.

    GLTAH
 
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