I expect production to be 52k oz from Edikan
and 23k from Sissingue.
The only negative could come from guidance.
They set a low ball number for the previous 6 months
Clearly it was always going to be smashed.
As I have stated many times I dont expect a CR
As I hoped they are not rushing the Yauore project.
The build up of cash will get the SP going up.
Warrants will be converted. Debt will end up
Around $150 million.
Yauore has been mined previously
I expect that infrastucture should not cause
To much trouble.
Not sure about the farmers Sir is talking about
A former producer previously operated by Compagnie Mini¨re d'Afrique (CMA), Yaoure produced 1.9 million tonnes of ore with an average grade of 3.9 g/t gold over five years, but was closed in 2003 due to the prevailing gold price. The mine was acquired by Amara Mining in 2004, and was fully commissioned in September 2009 under Amara's ownership. The Yaoure project is ideally located in C´te d'Ivoire with tarred roads being within a few kilometres of the mine site and having a low cost hydroelectric power source from the Kossou power station, within 5 kilometres of the property. Due to these natural infrastructure advantages, the resources needed to justify the construction of a CIL/CIP plant should be lower than would be the case in other less beneficial locations and the project would be expected to benefit from relatively lower capital and operating costs.
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