The increase in gold price will help the profits, and eventually move the gold price otherwise it would be undervalued.
So if the gold price goes up another $1,000., that would be an extra $1,000 per ounce. I'm pretty sure we would start to see the SP moving.
Also All in sustaining costs generally covers all costs that went towards producing the gold right? what was it $1270?
Also they mentioned the first quarter was higher than anticipated due to purchasing of equip etc. They also mentioned their aim of reducing costs so at least we have management that's aware of and on top of it.
Not sure if you know but management also have skin in the game, so it's in their best interests also. IMO
DYOR
The increase in gold price will help the profits, and eventually...
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