IGR 0.00% 50.0¢ integra mining limited

I don't think they have necessarily dragged on longer but the...

  1. 1,559 Posts.
    I don't think they have necessarily dragged on longer but the failures of the old screens have been more often and/or severe than expected during the June quarter IMO. Anyway this will be resolved with the new equipment going online in July.

    The cash cost as I understand it is just an accounting thing. They had incurred costs for building the stockpile when they did just that in recent quarters. So no cash will be paid again on this, only the cash costs calculation will include the expenses that had been paid in the past already. So it is a non-cash item IMO.

    The real news that I am waiting for is how underground production is going. Once results for the u/g trial batch are released we should have a better understanding of what to expect from it going forward and the numbers will be priced in the stock accordingly.
 
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