depends how you look at it BH
As ive said in previous posts if they can meet production targets this will bring the cost per ounce down...the more gold they can produce the higher the gross contribution margin
This is what let them down last quarter so if they:
1) streamline the production costs
2) increase gold production
3) re-negotiate subcontractor rates for lower expenditure
4) price of gold increases
5) bring on credits such as copper or silver when mining gold
erc.....lots of variable sto contro,l costs , thats why Tim is now in charge.....companies are only as good as the management running them
cheers MMM
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