RE:RE:sry they did make a lossBuilding cost for a new mine and machinery would have to be booked over the life time off the mine or the machinery.
I am not sure I can see where the 42.5 ebitda went to, surely not cash.
I hope with a higher gold price we can pay off that note at the end off the year without drawing on the new credit.
Looking forward to more didipio income.
I am confused by the 20 or so million$ still waiting to be shipped from didipio.I believe they shipped twice in july. So last Q should be fully shipped.
From memory I believe they get some money as soon as shipped, but I assume they only get full amount once the ore processed .
Strange that there was no talk or question about a dividend , as the gold price is now higher than when mentioned in june. Might have been a trick to talk up the stock price, as a lower stock price could have gotten them into big trouble,