I think you are basing Pogo cost of $3000 AUD on the AISC quoted, which is based on gold sold. They mined a lot more than they sold, a quick adjustment for that makes about $1540 USD or $2270 AUD. Now that is still not great, but at least it is not a cash disaster.
As for when the profit will be realised, I think the timeframe of a turnaround given at purchase last year was 18 months? Production targets for this year show a 50% increase in the second half FY20... I know I was not expecting much this year.
Support seems to be holding at the 62% fib retrace. If it does not hold the next level is $9-$9.50 which seems to me would be a bargain.
I think you are basing Pogo cost of $3000 AUD on the AISC...
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