Has to be Calendar year. If FY would be FY19/20. They would have misled the market if "they meant" Q4 FY19/20.
Note - i am in no way implying they have misled the market. Simply applying factual definitions to the time period.
Must be soon for an update on the study - they said a couple of weeks in their presentation date 25-26 June as we are now at approximately 2.5 weeks from that statement. Decision to mine will follow, but surely it is a yes.
I would love them to hedge at least 80% of their production, even if it is at a lower price to guarantee cashflow and reduce risk. The downside is too risky for a small miner like this. Credibility is at stake, and the bigger picture is cash to move other projects forward.
GLTA, AIMHO.
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