Torpedo
Thanks for the "news", hope its true. But will it be sufficient to stop the underground mine turning RSG's June quarter report from being a disaster in terms of revenue versus cash outflows? If its "recent" (within the last 2-3 weeks) improvement then its too late for this quarter, and since the ore grade going through the oxide plant may only be half the level of the previous quarter they are likely to have a significantly increased net debt hole.
The main issue, besides not mining enough ore underground, was that they could not get the ore to the plant with their tonka trucks.
Ravenswood is a mess - I do not know where they can get enough ore to keep the lights on - need a heap of cash for waste stripping in 2020.
Goldies seem to be in a general downtrend, including in north America, perhaps on the expectation of the gold price moving back under USD1300, which I think would be temporary.
loki
Torpedo Thanks for the "news", hope its true. But will it be...
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