InvestorsHub Logo
Followers 10
Posts 1060
Boards Moderated 2
Alias Born 09/04/2000

Re: DanWebzster post# 15

Friday, 04/27/2018 1:01:05 PM

Friday, April 27, 2018 1:01:05 PM

Post# of 438
NGD (update)

Q1/18 earnings were a disappointment. They lost 0.05/share and the AISC was 2447/oz.

Mgmt assured investors that production and cost guidance will be met for the remainder of 18.

Long-term debt will be a problem if results do not improve soon.

The underlying problem is the grade. 1.1g/t with recover at 81% will not cut it. Feasibility projected 1.24g/t with 91% recovery.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.