I am not sure what people are worried about.
It was a well flagged poor quarter. The assets are highly sensitive to gold production which fell, and base metal credits fell in tandem
This quarter gold production will easily increase by 30%+. Base metal production and therefore credits will increase by 30%+. Costs are about to fall dramatically this quarter. The company will be cash positive and the cash balance will increase.
And this quarter is really just a set up for Q1 2020/2021 when Kairos tonnage is accessed. Gold production will dramatically increase again and the cash balance soar.
Investors will question why they didn't take advantage of the April/May share price weakness - and realise they should look forward not backwards.
Whither the Share price today?, page-1585
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