So in other words if the company is losing $1,100 - $1,200 to produce each oz of gold i.e. it's losing money at the rate of $11 - $12 million /annum to produce at 10,000 oz/year - why is it continuing to produce.
Why does it not go into a care and maintenance mode ?
I could be wrong, so please don't rely on what I'm saying and do your own calculations - but anyway the company should clarify things before the next capital raising.
no brainer, page-34
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