No it wouldn't be worth doing IMO.
We have produced 74kozs of gold this quarter. At US$1,250/oz that has a sale value of US$92.5 million or A$128 million. There is a very very good chance IMO that the March quarter will produce over 75kozs of gold meaning revenue of the same quantum. With the existing liquidity and this level of revenue I'm confident this company is not a tainwreck in the making.
The only really important thing is the tonnage coming out of the UG mine at Syama and the recovery achieved as that tonnage is put through the circuit. Absolutely everything else I promise you is a sideshow, including what is being spouted out of some people's mouths. Esh
No it wouldn't be worth doing IMO. We have produced 74kozs of...
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