Completely agree. I think MOY have shown their hand. Dec 18 was...

Completely agree. I think MOY have shown their hand. Dec 18 was a solid SUSTAINABLE quarter with a large capital outlay for future growth. The important part for me is the free cash flow of $500/oz. Management are making the right decision to increase the reserves by drilling extensively and chasing production growth.

IMO I realistically see the C1 costs coming down to the lower 25th percentile of producers with economics of scale and an increased mine life to 5-7 years by end 2019.

I'm curious to see what guidance they decide on providing. Realistically 100,000 oz should be lower end given the sulphide expansion. My hope is they engineer already 36 hours of tank capacity (across multiple tanks is acceptable) for the sulphide circuit to allow for the autoclave(s) down time for cleaning. I have first hand experience with fouling on internal titanium heating coils.

Bring on the next 4 weeks.

WK