RE:RE:RE:RE:RE:Time will tellYes that is right, this year 2018 sustaining costs for San Francisco drop a lot to $2.5 mil which will drop AISC to a much lower number. 2017 Alio spent $20 mil revitalizing SF most of it in in waste stripping to open up the pit. That was why 2017 AISC was so high. We can look forward to a much lower AISC this year, as well as future years. I think that drop in AISC this year compared to last year will give a good boost to Alio share price.
ALO dropped below Cad$3 yesterday making it not marginable for some people. Margin calls probably drove the price down. When those are over, the downward pressure should be removed.
Rye Florida Canyon crushing rate is already better than planned. What "need some money for Crushing Equipement" are you referring to? I recall they were using some mobile equipment, maybe converting mobile to permanent?
kkkrrr wrote:
TGZ is not cheap now.. there are sunken costs related to Sabodala AND the new project.. Sabodala always burns money through the backdoor (stripping, relocation of villiges, royalities or other things) ..look at Q4 ..they hat a good quarter and not able adding money to the bank... Banfora the same ..since aquistion they burnt about 60 million $ there , the half of the projects small NPV .. i don't know.. i simply don't like Teranga long term ... i trade this stock ..buying near 3 CAD..selling it near 4-5 CAD ..
Alio Gold.. and lacking focus... i don't think this is the truth.. listen to to CC yesterday ... 2 - 2.5 million USD for SF in substaining costs this year.. at the Nevada operation they need some money for Crushing Equipement but the operation already makes money ... this is good.
Ana Paula exploration makes sense because they want the underground-material (high -grade) as mill-feed from the beginning (5000 tonnes/day to 6000 tonnes per day) ... it absolutly makes sense deliver an feasibility study including underground mining later int he year..