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TMAC Resources Inc. T.TMR

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera


TSX:TMR - Post by User

Post by Shermandrock1on Oct 13, 2019 3:11pm
119 Views
Post# 30226823

At some point in Q4, the lower price diesel will be

At some point in Q4, the lower price diesel will be introduced. The latest presentation suggests that the cost of diesel has decreased by 18%. In an earlier presentation, the effect on cash costs and ASIC was deemed to be $40 per ounce. With the POG up and costs down, that should result in a considerably more robust bottom line for Q4, eh?
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