Hey cdchi1,not sure if you notice all the payments they have to...

Hey cdchi1,

not sure if you notice all the payments they have to make to the Government. 6,4,8 for the next couple of years.

Adds up to be quite a bit ($18 mil).
I am unsure if that is factored into the total cash costs.

No doubt its an interesting, and arguably undervalued producing company.
Even with the Capex being cut, they don't have a huge amount of wiggle room. Def no dividends, which I have no doubt the major holders would like to see.

However in TGZ defense, the same issues are being felt across the gold sector.