Goro needs Isabel to produce gold. 3+ thousand oz in Q1 didn't help Q1 financials. They need to ramp up hard to hit their 40K/yr runrate. Company said in earnings call that they are just getting into higher grade zone. Gold price is much higher and they are not getting base metal prices to offset mining costs vs previous years. So they need Isabel to perform according to their forecasts in order to make up for poor base metal prices. Isabel won't increase company cashflow as much as I thought but it's their only hope now to show improved cashflow and some earnings.
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If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE