My reading of the last Quarterly, particularly section 8.8, was that expenses for that quarter were 94 million and expecting to continue to reduce as construction costs associated with commencing production declined. So hopefully money going out is less for Q4 and with the gold bars being poured then not too much of that existing liquidity needs to be touched and it's onwards and upwards from here.
From my limited experience it does seem like a share price decline at this point is almost baked in by some big players as a risk reduction step and with the broader decline in other resource stocks it seems like this got amplified. Anyway we will know shortly. If there is a CR announcement I'll be surprised....and very convinced a lot of dodgy insider info was being let out of the bag. Here's hoping this is just an overreaction and a good buying opportunity.
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My reading of the last Quarterly, particularly section 8.8, was...
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