Wot STILL no commercial production?!22 Oct 2024 07:36
You couldn't make this up - still not there. The longest ramp up in history. The mad ramper BPat keeps talking about future 200k oz production, hahahaha. It will almost certainly never happen. Yan is now a spent mine and production will continue to fall back (only a paltry 400k oz reserve) and as for Kou, how long into a 'ramp up' which has taken 15 months to not even reach 60% of this mythical nameplate production, do you finally accept that it probably will never happen at all and that they will be permanently producing at far lower levels than originally forecast when the mine was built (seemingly on a wing and a prayer). Lower production means a much higher aisc. I can't wait to see the next Betts Bombshell (Q3 results) which should be out this week or next, so that we finally get to see the numbers and find out what the hell is going on.