RE: RE: Buy5 Nov 2020 12:39
Find another 5m mcap AIM company that has these results
Most just sit and promise drilling or riches of gold and silver but nothing ever actually materialises. We're selling £30 Million pounds of GOLD and COPPER each year at the moment and looking to focus on the higher quality reserves going forward too
'As a consequence, revenue for the half year ended June 30, 2020 was $12.7 million (2019: $17.5 million);
· Resultant copper production for the period was therefore 20% down from the same period last year at 2,108 tonnes, versus 2,624 tonnes in H1 2019;
· Cash production costs for the period were $14.1 million (2019: $17.7 million). Net direct cash costs net of by-product credits ('C1 costs') for the period were $3.21 per pound of saleable copper (2019: $2.91)'