There may have been another surge in costs?Increased number of...

There may have been another surge in costs?

Increased number of employees at all levels.
Fuel - as mentioned in another post.
Travel.
Exploration costs.
Legal fees.
Equipment purchase.
Transport costs.
Smelting costs.
Etc.

Share price build up as report release is nearer could suggest good progress, surge in profit, etc -- but not as radical as might optimistically be hoped for.

Then again a share price of $1.00 is not to be sneered at.
$1.20 would be better.
Might need to wait a little longer for that.

The next surge in share price is more likely to be the result of a new institution/broker report painting another great picture of Anvil's future.

No shortage of items to put in such a report.