Post by
Goldnorte on Feb 26, 2024 8:00am
Much better than I anticipated!
Anytime you can have a 13 to 25% increase in revenue, while still planning to sell off mexican assets is pretty good. A new financing pkg is expected in the next few weeks thus the year end financial statement can't be too bad. Yes AISC is a little higher but that is the case with all gold miners. Got to read between the lines. Have great day everyone.
Comment by
rvirdi6394 on Feb 26, 2024 8:09am
First positive post!! Thanks
Comment by
LyChauncey on Feb 26, 2024 8:19am
AISC hike of FC this year is largely related to the construction of a third leach pad and additional processing capacity. Also the Magino will still be in ramping-up phase in the first half of the year. So Q3 2024 will be the quarter we will see the true cost of Magino. Not better than I anticipated but definitely better than the market cap or Mr.Market anticipated.