MAT matsa resources limited

Ann: High Grade Gold Intersected Below Devon Mine, page-8

  1. 5,069 Posts.
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    I agree. Quarterly will have lots of interesting updates.

    If production from Red October has been consistent, with these gold prices cash inflows should be materially higher than the budget and forecast released to market.

    My understanding is they receive a price based on the weekly spot for deliveries, so with the consistent high price it has been a great time to be delivering ore.

    The high POG also means Fortitude North financials are much better as well. Let alone should there be any improvements or optimising of the mine plan.

    Good to see the market interest appearing again.
 
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