Just wrote up a quick summary for quarter on quarter comparisons:
Production notably declined by 17%, with >= 40% reductions in both Duke + Tropicana, which seems pretty high even if due to wet weather
Sales thankfully didn't decline too much, which was complemented by the increased avg price sold (Up 17%). Their bullion stockpile increased 20% giving them 186M. Shame the AISC rose so sharply, otherwise this would have been a pretty decent report otherwise.
All in all, the one thing RRL has going is it's sheer production output capacity. If they can get their reserves up as mentioned by others, they may just have the majority of funds required to fund Mcphyllamis when the day does come.
It's definitely a sharp turning path in all directions ahead for RRL.
Ann: Quarterly Activities Report, page-13
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