Hi Benz I hope its not too cold on your side of the ditch.
What with stronger gold prices and a lower exchange rate the current prices aren't that bad.
ES2 annual revenues are down $13.4 m and free cash flow is down $12.3 m. They can claw half that back by lifting the gold recovery from 55% to 85% which they seem to think they can do.
A copper price of $3.90 would get the rest back.
Of course the final plan will likely involve processing a decent tad more than 1.5mt PA.
Hi Benz I hope its not too cold on your side of the ditch.What...
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