Savannah 100% mills all ore and direct sells concentrate to...

Savannah 100% mills all ore and direct sells concentrate to China out of whydam port.

Savannah can't mine high grade as it doesn't have any. Average grade very low shown by its reserves and it's historical head grade through put. I amazed they have managed to keep their heads a float for so long a credit to the management. Diversification into golds was bad but mostly because of timing and the stupidity of the POG. When everything goes bad gold should go good but that hasn't happened.

AISC at the cross over with cash flow. Recent reserve upgrade of savannah north cements mines future in terms of ore body reserves.

IMHO would need a few months of constant and sustained losses to be put on care and maintenance. Could be coming but not right now maybe whole corporate office is getting shut down. Can be run from site very easily.