They have forecasted to produce around 2k ounces per month at the cost of $2400 per ounce. They probably only reached the nameplate capacity near the end of the last quarter. I will be happy if they have produced 2k ounces in the last quarter and is cash flow positive.
they should really start the toll treatment again to take advantage of the record high gold price. They made a few millions dollar in the last quarter of 2022 via toll treatment. The gold production is significantly higher so they should do it again.
They have forecasted to produce around 2k ounces per month at...
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