RE:PVG up 1.5% / KL down 4.2%
Good comment! Time to buy some KL, which I just did. Still hanging on my PVG shares. Should've bought a bunch of Puts as others had noted to hedge my current share count before this debacle. Nothing wrong with being diversified in good quality companies like KL. Quick note - Q4 Cost of sales were a tiny bit higher then Q3 considering they milled about 15% more tons. In summary we are probably sitting at peak costs of sales even considering mill rate was above the permitted rate(3800tpd). These costs take into consideration increased contractor costs(at least for this upcoming year), cementious costs and increased developmental rates. The only thing they need to work on is increasing revenue, which I see the rest of the posts on here are breaking down the future of this component. Which is the function of grade, reserves and longevity.