looking at AIC of ~$2,2-$2.3 k/oz does not leave much margin for error with POG and fuel costs generally out of GCY's control. They key will be developing the new higher grade discoverys to increase margin, would be nice to see AIC < $2k/oz but cost pressure must be difficult. This is highly leveraged to a POG price recovery esp if it can get up to $3k/oz.
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looking at AIC of ~$2,2-$2.3 k/oz does not leave much margin for...
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