The "as expected" that attached to the comment in the quarterlies announcing that "mining had slowed" originally had me fooled Until I looked at the mining costs numbers.The valuation assumed that mining would be completed this year at a total cost of $71.2 m. That ran out in Sept. Mining is now forecast to continue with one machine for another 9 months. How much will that cost? I hope it's a backhoe and a two ton truck and not $3.5m a month.
The "as expected" that attached to the comment in...
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