GCY 1.82% 54.0¢ gascoyne resources limited

Hard slog ahead for GCY. Captilising the high strip ratio in non...

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  1. 80 Posts.
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    Hard slog ahead for GCY. Captilising the high strip ratio in non sustaining Capex, so AISC is really around 1600?? Creative accounting.

    New loan facility for working capital and also in talks with lenders probabably trying to push out repayments.

    Should be ok if they can survive the next 12 months, hopefully gold keeps rising!
 
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Currently unlisted public company.

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