Have to love this team. Those are some incredible numbers.
I mean if you use a company like WAF as an example it has taken them almost a year to get towards their DFS production and costs (I get that UG is more complicated) and I like WAF
These guys are backing hitting DFS AISC off the bat.
Guiding to 25-30koz/Qtr which is 100-120kozpa which is at or above target.
Interesting to see how Q4 goes with everything humming. At the moment they are producing 420oz/day which over 90 days is 37,800 oz. Even if you assume some idle mill days its way above guidance.
Good performance means cash position should be in hand and mill/mining running as expected means we can defer a bit of attention to Memot and acquisitions.
Exciting times for a MT holder.
EMR Price at posting:
81.5¢ Sentiment: Buy Disclosure: Held
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