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Bullboard - Stock Discussion Forum Huntwicke Capital Group Inc HCGI

Huntwicke Capital Group, Inc. is engaged in the business of rental real estate, financial services, soccer revenues and Brewery. It acquires real estate in small markets to provide income streams and capital appreciation to its shareholders and has financial services businesses that manage financial portfolios and assets for a fee and clear private placement transactions for high-net-worth... see more

OTCPK:HCGI - Post Discussion

Huntwicke Capital Group Inc > cost reduction equivalent to C$1850 POG ounce at fosterville
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Post by JRafflesUK on May 04, 2017 10:22am

cost reduction equivalent to C$1850 POG ounce at fosterville

fosterville operating costs per ounce have been slashed by over $150 ounce.

whether costs are reduced by C$150 or POG increased by C$150, the bottom line result is the same.
Comment by dove18 on May 04, 2017 10:58am
No. If POG goes from $1200 to $1350, the cost to produce 1 oz. will not change if grade % and access is not changed. Also, with the C and A $ lower vs US$, this should benefit KL numbers in year ahead. Im looking for much higher price in one year from now.
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