Gee I thought the quarterly looked a little promising.19300...

Gee I thought the quarterly looked a little promising.
19300 ounces at an operating cost of $1250/ounce isn't flash but it gives them a cash flow positive month (maybe 2M) which hasn't happened for a while.
Operating cost for September was $1100 per ounce and Gas genset #2 coming back online early October would equate to a further operating cost reduction of $62 an ounce (at the current production rate).
Add this to the further cost reduction initiatives and an operating cost of $1050/ounce looks more than possible over the next quarter. Multiply this using current 'production rates and gold price' and we're looking at a profit of $6M next time.
If gold price and production continue to climb,then maybe more.
I'm with rushdate from the previous post. It's about risk/ reward. I think this is priced for certain failure but think there is still a glimmer of life left in it yet.