its not just about the pog, page-4

Lets not forget that gold is still approximately $900 oz au with a production cost of $500 au and no hedging we are laughing.
It may have lost $50 to $100 au at the worst case.
All systems are go and in reality not much has changed (accept the share price).
With the closure of about 5 other gold mines this may just free up some manpower and gear.
The great levelling effect will come into play and it may be beneficial to IGR and hopefully cost of production may decrease.