The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
"33,101 ounces of gold poured at an AISC of US$790/oz" now we know the AISC is going to be higher due to the spill over of the remediation work and other costs (oil is high) but would 33,101 ounces constitute a good quarters production, I'd say so.
GC has form as a poor communicator and being oblivious to the obvious and is why he is no longer part of the ECB and the ICC!!
Didn’t think it would impact the SP much but it’s a sound building block and as someone earlier said it opens up a new news avenue. Too big for HUM alone but should be interesting to see how this plays out, now for the LOM extension before we get back to a few consecutive Q’s of meeting, or exceeding targets.
I can see the PI's (based on this and other BB's) seem to have lost faith with DB and the BoD's but the II’s (correction) keep buying up the spare shares so have they? I think the single mine issue, coupled with the relatively short existing LOM, might be the biggest issue holding back this SP at the moment (not that I want them to head off and buy a second mine just yet!!).
I can see the PI's (based on this and other BB's) seem to have lost faith with DB and the BoD's but the PI's keep buying up the spare shares so have they? I think the single mine issue, coupled with the relatively short existing LOM, might be the biggest issue holding back this SP at the moment (not that I want them to head off and buy a second mine just yet!!).
ColonelDrake I think that the LOM increase needs to be significantly more than 2-3 years but I have always expected that even if this mine was mined for 20 years the LOM would only ever be increased at any time by a few years and that might not be enough. If things had gone smoother then maybe a 2nd mine might have been on the agenda by now but I think they are best seeing the next 6 months out myself.