RE:Q3 multimillion dollar loss due anytimeThey have $376 million in assets, i would expect a sigmificant impairment charge with current gold prices.
Capital expenses should be $2-3 million less the remainder of year per CC. Gold oz mined should avg over 25k per qtr through year end at lower cash cost per CC.
I have no idea what the end result will be but they have some wiggle room on extent of their operational losses.