Not my favoured gold play:
- poor production record
- high fixed cost base
- expansion plans face start up difficulties
- single mine & associated sovereign risks
- negative impact of FX movements, high oil price & maintainence costs
- dilutionary impact of recent $155m (US) capital raising
There are much better opportunities out there.
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- slam dunk
LHG
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Not my favoured gold play:- poor production record- high fixed...
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