on the contrary I'm extremely pleased with the way they talked about costs:
the contributing factors:
- 3rd party ore purchases which have now ceased. (tick)
- large decline in US dollar (something they can't do anything about)
- hiring external consultants to address costs (tick)
- improving grades (the report went some way towards describing this and provided data - I don't know how you missed that)
- reducing head count (tick)
I don't care if they didn't mention a target number. In fact, considering two large factors in costs are energy and currency - things that TMR has absolutely no control over whatsoever, I think mentioning a target costs is like picking a number out of hat. They've stated how they can address the things that are in their control, and to me, it looks good.
Are we reading the same report?
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on the contrary I'm extremely pleased with the way they talked...
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