RE:RE:RE:GoldI mean, sure, 'cut costs and process high grade' -- that will always work. MIning higher grade is always good, cutting costs is always good. Do you think PGM's management hasn't thought of that? Q1 results, which are the reason the stock has lost about 80% of its value, are the result. Here's a quote:
Mined tonnes and gold grades have, on average, been lower than expected throughout 2021 due to shortages of high-grade ore at various times. High-grade ore shortages led to blending of low-grade material and stockpiles which reduced the overall feed grade to the mill. These shortages were caused by a combination of factors including development delays, insufficient scheduling flexibility, insufficient geologic information available for stopes prior to mining, equipment downtime, and strategic misalignments.
That's a lot of reasons for 'no high grade gold', including some that are kind of mysterious. "Strategic misalignments?" "Insufficient geological information" sounds really bad when you need a lot of money to survive and "development delays" and "insufficient scheduling flexibility" sound like they don't know how to mine. Sure, there might be gold somewhere, but it doesn't need PGM to mine it.