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Re: dr_airtime post# 34742

Wednesday, 02/26/2020 3:11:52 AM

Wednesday, February 26, 2020 3:11:52 AM

Post# of 36157
SGI.V - here is some DD

Denver webcast below for a starting point. Jump to 7:30. Late here and laptop batttery dying but will follow up with more next week.

Really, really cheap miner with stable future!

Webast - jump to 7:30

Here is the Q4-2019 Production Release that suggests they are turning things around, and, have a plan to start mixing in open pit material with the underground feed which is how they got the great production levels in 2017 and 2018. It appears the open feed a) is not in the 2020 80-90k Au oz guidance and b) is not in the 5 year underground plan for 75-90k oz/year @ AISC $1100 or less.

Q4-2019 production

It is important to watch the short Denver webcast above here as they spend 2019 in (underground) development mode and things will only start turning around in 2020

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