As expected underwhelming.
Disappointed with the drop in the cash position (-$3 million).
They are still clearly not 100% sure that the gold lockup is the whole reason for the difference in grade reconciliation. Realistically, it will take another quarter to truly find out if its the grade under-performing, or simply lockup.
So what is ABU going to do this quarter....? More exploration? Does not seem to be any info in the quarterly about further drilling. Maybe they will conserve cash until then?
I think they could have provided a lot more detail in regards to Old Pirate and the plant. Anyway, it will be interesting to watch how the SP goes.
As expected underwhelming. Disappointed with the drop in the...
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