Seems like the Hera mine is indeed on a decline and will await the Federation deposit to feed the Hera processing plant. The Peak mine processing plant upgrade may pay off pretty quick, even after taking into account the blowout on costs compared to what it was originally. Cash balance increased quite substantially and they did not sell more gold than they produced, so this is not playing around with numbers. Being fully unhedged is indeed a boon. Generally positive about it, but my focus will be on how they will deal with the Hera mine production.
Will participate in the conference call too.
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Seems like the Hera mine is indeed on a decline and will await...
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