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Monday, September 25, 2017 9:56:35 AM
19% decrease in All-In Sustaining Cost ("AISC") per ounce1 to $960 in the second quarter of 2017 compared to Q2 2016
Capital expenditures of $18.3 million in the second quarter of 2017, with $12.5 million (68%) attributable to development capital for Prestea Underground
204% increase in mine operating margin in the second quarter of 2017 to $13.3 million compared to Q2 2016
Net income attributable to Golden Star shareholders in the second quarter of 2017 of $13.9 million or $0.04 per share, compared to a net loss of $22.0 million or $0.08 loss per share in the same period of 2016
Consolidated cash balance of $25.9 million at June 30, 2017, with the Company remaining fully funded to deliver its capital program
Consolidated full year 2017 gold production guidance maintained at 255,000-280,000 ounces
http://crweworld.com/article/news-provided-by-pr-newswire/123862/golden-star-reports-second-quarter-2017-results
Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.
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