RE:new video- byproducts from polymetallic plant will reduce cost/aisc by $25 to $35.
- segovia fuel cost not a large part of cost, they rely on hydro-electricity.
- he is expecting central-right to win second round, petro does not control congress or senate, will not be change overnight (major changes would require supermajority to change constitution. hard to change constitution if petro has barely 50% of votes).
- from rpp, gcm owns both the land and mineral rights in perpetuity, have no expiry dates.
- confident toro initial cost will remain $355 to $370 mil.
- toro production still expected for q1 2024.
- 2000 tpd expansion completes in q2, production to increase in second half.
- continued exploration success, segovia mine life will last for decades.