Ann: July Production Update, page-9

Fair enough NL - well done on the profit.

Reality is that Moy could have had a bumper July if they had of sourced all their gold or at least the majority from Barton’s.

But they have chosen to stick to a 50/50 mix between Barton’s UG and lower grade pits to maintain mine life, while still producing at a (now) profitable and positive cash flow rate.

I too craved a shot in the arm from July production, but I have to admit Moy is operating for longer term value.