Ok, so whilst the USD POG continues to move around in ways I can...

Ok, so whilst the USD POG continues to move around in ways I can never understand, hopefully GCY is getting on with the business of producing gold. I note they recently added a new broker report dated 30th June, which discusses the merged entity's future, as well as including details from the conference call on the 16th of June.

I would provide the link, but for some reason, they don't seem to be working.

The report is from Canaccord. They are fairly positive on the merger, for the simple reasons that it brings more ounces into the mine plan.
This is the guts of the report.

My main takeaways, are the increased production profile in FY2023 and potential to reduce the heavy non-sustaining capex for FY2022.



I hope no-one gets too excited when looking at the AISC, as, what really matters is the AIC


@Joelstar - agree about the leverage, though I hope that unlike many other ventures, the team on the ground continue to focus 100% on being profitable and not over promising anything to the market.