I do not know just where we stand currently with the drop in the gold price and the cost of our current production.
I would think at best we maybe breaking even or maybe making enough to keep the staff in tea and bickies.
My understanding however is that we can stop producing ore at anytime without much trouble and that we could then wait out the gold downturn until it recovers in price.
These are all my own thoughts however so, it would be nice if management were to come out and state just what plans they have now that the price of gold has gone to hell.
We need to know.
Lockitt
KGM Price at posting:
10.9¢ Sentiment: None Disclosure: Held
