RE:RE:RE:RE:RE:167 : the second best hole of monte do camo short history.@Trg418: To answer your question, I'm here because it's best to ask questions BEFORE you invest ... And it's even more relevant when everyone is optimistic and everything on paper is pretty ordinary.
Regarding the production cost, can you explain to us technically what will be put in place to reduce them by 10-15%?
Regarding the improvement of AISC cost, we can already explain this phenomenon. As the costs of stripping decrease over time, as do the costs of drilling, the AISC cost decreases until a new pit is mined. So don't worry about the fluctuation of this statistic.
I see that you have confidence in the management team and this is a good thing because this aspect is often overlooked. A team that can problem-solve and take action when needed is essential. Personally, I don't know this team, but I suspect you didn't just read the brief description of these individuals on the Cerrado website.
Overall financial results are improving but earnings per share are still negative. Therefore, can you explain to us your statement about the profitability of Cerrado?
Regarding the MDN deposit, the gold grade is good but is it sufficient to compensate for the hardness of this type of ore and its particularly high stripping ratio? Improving the profitability of this type of operation is a real challenge.
For MDC, I don't understand your enthusiasm. Current results are preliminary as it presents only 539,000 ounces of gold in the indicated resource category. These are not mineral reserves because no economic study has yet been done. In short, there is a lot of money and time to invest on this permit to believe that the target of 2,000,000 ounces will be met. MDC is still a long way from being a mine.
If increasing the value of gold gives you a 500% return in 3 years, great if that's right for you. If so, rest assured Cerrado will not be the exception as the entire industry will benefit. Choosing a company that can stand out among all the others is a rather difficult task.