Financials look OK (despite the high AISC) given the high gold price, and they are building up a useful cash balance that will have to be spent on building a decline to be able to access more ore - current reserves run out in under 3 years.
Unfortunately due to COVID they are unable to proceed with the decline.
The cash build will need to be hoarded, rather than distributed, until the decline is built.
I wonder why the CEO left.
GLA.
loki
Financials look OK (despite the high AISC) given the high gold...
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