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Roxgold Inc. T.ROXG

Roxgold Inc is a Canadian gold mining company. It is engaged in acquiring and exploring mineral properties. The company has two reportable segments; Mining operations and Exploration and evaluation of mineral properties, located in Burkina Faso. Its key asset is the Yaramoko Gold Mine, located in the Hounde greenstone belt of Burkina Faso, West Africa, and Seguela Gold Project located in Cote d'Ivoire, West Africa. The company's primary income is derived from the sale of gold.


TSX:ROXG - Post by User

Comment by stocksnbondson Jul 20, 2020 10:55am
94 Views
Post# 31290383

RE:RE:RE:RE:Roxgold, The most under valued gold junior?

RE:RE:RE:RE:Roxgold, The most under valued gold junior? From Q1 report-- I'm too lazy to go into Sedar for Q2. 
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Operations

  • Production of 32,380 ounces compared to 33,652 ounces in Q1 2019
  • Increased plant throughput by 18% to 125,879 tonnes compared to 106,816 in Q1 2019
  • Cash operating cost2 of $566 per ounce produced and all-in sustaining cost2 of $1,058 per ounce sold
  • Maintained cash operating costs2 of $146 per tonne processed
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Management is trying to get AISC down below $1000. They needed to spend a tad more over the past 2 quarters for the satelite mining stoping. The costs should be under $1000/ oz for 2nd half of year. 

Hope this helps,

sb
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