Our neighbor Northern Star just released their newest presentation and here is the part about Pogo:
▪ September Qtr production is expected to be ~50koz, despite operating under restrictive and strict COVID-19 protocols, which took time to adjust to in the June Qtr and in the month of July ▪ Record month of production and free cash flow generation was achieved in August, with 22,791oz of gold produced ▪ The US$30M plant expansion to 1.3Mtpa is 60% complete and will be commissioned by the middle of 2021 ▪ This expansion will enable Pogo to reach a sustainable run-rate of ~300kozpa in the next couple of years ▪ Goodpaster US$15M Resource drill out is underway; multi million ounce discovery potential within 1km of existing infrastructure; visible gold intersected in initial holes
RML Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held
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