"Forecast Gold production from Morila in the March quarter is entirely from tailings re-treatment and is expected to be between 9,500 and 10,400 ounces of gold at an All-In-Sustaining Cost (AISC) of between US$1,300/ounce and $1,500/ounce". Their initial ASIC was US$1,000/ounce and $1,100/ounce.
Just putting the information out here for comments. I am still holding with small profit so need to understand a bit more to make the call whether to sell or now.
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Ann: Quarterly Activities Report, page-45
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