TBR 2.03% $4.34 tribune resources limited

Ann: Quarterly Activities & Cashflow Report - September 2019, page-2

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    Mine operating costs, incurred by the EKJV during the September 19 Quarter were $170 pertonne mined or $739 per ounce mined compared with the June 19 Quarter costs of $135 and$375 respectively.

    https://hotcopper.com.au/data/attachments/1796/1796917-4bd16228f91b14c17ae3c6b30a464add.jpg


    Overall, I have mixed feeling about the results because I wasn't expecting such a big drop in production and cost going up like that.

    A bit disappointed because I thought TBR would deliver an amazing quarterly result.

    They are still making good profits with current gold price and probably the only goldie that actually is holding gold.

    Hope the trend is reversed.

    Am I missing something here? What's everyone thoughts about it?


 
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