I am in the same boat as you.I cannot understand how a company can announce a 70% increase in reserves and lose value. All I can think of is that the AISC to recover this increase seems quite high. I had the impression that the new mining was going to produce a drop in the costs. It would appear that I was wrong.
Ann: 70% Increase in Ore Reserves at Nullagine, page-7
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
