Quarterly report should be out in about a week. Should provide more detail.
There was mention in the last quarterly that the first 'development' ore from Syama was processed. I am hopeful that the grades will gradually be improving over the next twelve months as we get to the sweeter ore, and costs decrease at the same time due to the higher grade.
Expecting an announcement about a plan to increase mill throughput at Syama to provide a boost to production very soon. The resource and mine is so big to support a bigger mill throughput.
Don't think they will wait to approve Bibiani. By the time they spend big money the cash will be rolling in to offset. And they are basically debt free.
Both of the above studies were mooted by end of 2017 - so they are due.
The higher spot gold price should also be helping things along.
I am really at a loss why the share price is so subdued. But I'm patient. Just think of it as a spring tightening.
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