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Ann: Karouni Gold Mine, Guyana - Operational Update, page-56

  1. 60,606 Posts.
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    Hopefully none, not as if try are paying workers to do nothing and while production is stopped it's not as if ounces of gold have been lost. Try are probably taking advantage of the situation to do some maintenance.

    Quarterly report due tomorrow, we know what production was so just see what AISC are. We also know the last of the bank debt is gone.

    Will probably get some drill results and where we are with the starter pit, I have said before and management have said it too that the main issue try face is LOM. OC and hicks extension has improved that, though early days and now that bank debt is paid off, money can go towards exploration.

    It because try have been directing funds to th bank debt that little was spent on exploration and hence LOM issue


 
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