GRY
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0.00% 20.5¢ gryphon minerals limited

Ann: Quarterly Cashflow Report - 30 June 2015, page-2

  1. sarge17
    3,279 Posts.
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    27/07/15
    17:33
    Post #: 15701766
    Whoah. Now that is high cost!!!
    Page 5 of the Q Report indicates that if the expansion of the 1mtpa CIL circuit goes ahead the cash costs for production are forecast to be $7170 per oz.
    Hope it is a typo. Heh heh.
    Yet another quarter goes by when MD Steve Parsons is still collecting hefty pay cheques yet GRY is no closer to getting funding and the GRY balance sheet getting weaker.
    GRY Price at posting: 5.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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