Q3: All good with Positive MomentumTimmins Q3 came in right on target at .02c EPS in real terms ($6.3M profit) then add the reversal on SF with the new mine plan and such. I was hoping it may be a little higher than .02c but we certainly have tangible, positive traction.
What I like:
-All-in sustaining cash costs of $846 per ounce ( 23% lower than the comparable period)
-Improvement in our balance sheet
-Cash balance increased to $18.5
-Trade payables reduced by over $12.3 million
-Repaymnet of debt: $11.8 million
I am looking forward to more clarity about what to expect in the next 6 months on the call if Backens actually speaks a little more (he's too tight, imo).
What else? What did you like?
B