ZEN zenith energy limited

Other than what you pointed out in your post, another critical...

  1. 619 Posts.
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    Other than what you pointed out in your post, another critical find for me was this:

    The Interim Mine Plan does NOT focus on “high-grading” the mine, rather it has reduced waste movement to ensure ongoing mining costs can be met whilst accessing ore zones that were previously due to be mined over the six months of June – December 2019.

    When the performance of the mine starts to fall behind, most management team would target the high grade ore of the mine to make up for the reduced performance.

    GCY's management team pointed out that they wouldn't high-grade the mine which shows the long-term thinking of the management team instead of hitting quarterly targets.
 
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