Interesting article. I think the part about Twangiza is accurate. It sounds like his numbers may be quite accurate for H1 2016 when it comes to Namoya (slightly profitable). My guess is he is overstating costs because he is comparing to 2015, 2014, and 2013. Costs are surely different currently or at least I hope they're less.
Profitability will likely ramp up in H2 because production will be 50% greater according to last report. Obviously POG matters too...staying above $1200 is important and hitting $1300+ would be huge
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