RE:RE:RE:RE:RE:RE:RE:I think Joe will be on the hot seat tomorrowGold is at 1512.70 up 16.30. PVG has a great future.
blackhawk2003 wrote: Third Quarter 2019 Financial Summary Revenue of $132.7 million on 90,713 ounces of gold sold. Total cost of sales of $86.2 million or $950 per ounce of gold sold1. Earnings from mine operations of $46.6 million. Achieved an average realized cash margin1 of $784 per ounce of gold sold, with a total cash cost of $640 per ounce of gold sold1. All-in Sustaining Cost (AISC)1 of $878 per ounce of gold sold. Generated $77.8 million in cash from operating activities. Net earnings of $6.3 million ($0.03 per share). Adjusted earnings1 of $34.0 million ($0.18 per share1). The Company paid $62.4 million (as first of two tranches of payments) to repurchase the offtake obligation, and repaid $16.7 million of the loan facility using cash generated from operations. The Company has now achieved and surpassed the initial debt repayment target of $140 million and is on track to repay $180 million of debt in 2019.