Looks like they are going steadily in the right direction.To me it sounds like they are making steady progress and going solidly in the right direction. Building and starting plants isn't instantaneous. It does take a bit of time and from our point of view a bit of Patience. With cash costs like this profits will come as we complete the ramp up and complete the "Boston" project and put it into operation as well. Going forward Brazil will provide an even higher level of cash flow and profit.
From thier last update:
At 50 tonnes per day, we are past the halfway point for the ramp-up of Plant 1 and intend to reach full scale by the end of the year. With Plant 1 production cash costs currently at approximately US$535 per ounce, we are significantly past the break-even point and are looking forward to delivering month-over-month increased cash flow through the remainder of the year.”