Contradiction?I am a little confused: any cost impact from the non-damage caused by the wildfire will depend on how much we and our contractors get from the insurance companies for this non-damage? What?
Or are we talking about business interruption insurance? How do you interpret the following statement from the news release:
Following the wildfire, all mine site infrastructure remains intact, including the construction camp, process plant area, construction fleet and contractors' fleets, and damage to property was minimal as previously reported. Site construction activities resumed in early August. Current staff and contractor numbers are over 400 at Blackwater Mine, with all scheduled work fronts active.
There is no change to the targeted gold pour in H2 2024. The Company continues to assess the impact of the wildfire on the Company's estimates of initial capital. Any cost impact depends on various factors, including contractual remedies and insurance recoveries available to the Company and its contractors.