TSXV:GSVR - Post Discussion
Post by
ErinBrockovich on May 28, 2023 7:01am
Focus Continues on Finding Efficiencies
@Goldfinger @bedrag "this increase was due primarily to targeted capex investments designed to accelerate the ramp-up of operations at the three Guanajuato mines; operating costs were also impacted by a strengthening Mexican currency as approximately 75% of operating costs are denominated in pesos." Mexican peso strength has not been favorable in terms of operating costs, and capex outlays are included in AISC. Peso strength likely to be transitory, and the capex investments will result in higher production in coming years. $GSVR
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