Yup theres plenty to like, confirmed cash costs of $US1/lb (using $720 Au & $12/oz Ag), so costs are in check.
10,000dmt went thru early Oct, had that gone thru a week earlier the Sept quarterly would have shown another $US30-35m revenue/cash
Dec Quarterly forecast is for:
25,000Cu, 30,000/oz Au & 180,000/oz Ag = very nice.
The bears may be running the market, but they are plain stupid IMO.
$US14m cash on hand* & over $US25m able to be drawn down from there debt facilities.
* As at early Oct would be more like $US40-45m, the last delievry would show in there accounts as a receivable.
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Yup theres plenty to like, confirmed cash costs of $US1/lb...
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