Hi Col, I think the moving of Monkey Hill and missing of guidance aka headgrade at Monkey Hill has caused the companies cash flow woes...this basically comes down to poor or insufficient infill drilling...to say they are losing 50m a year without looking at capital works programs undertaken for life of mine improvements is just incorrect...haul roads, dam, mill, power upgrades cost a lot of money...Imo a yearly headgrade of 1.7g/t will be sufficient to turn the show around on production of 150k oz...the containing of mine costs and sufficient drilling are now the big keys...they cannot make money on 1g/t.....
Move that dirt...
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Hi Col, I think the moving of Monkey Hill and missing of...
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