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german_investor

05/24/14 9:29 AM

#25190 RE: german_investor #25189

p.s:

For only the aggregate production the company has a to high G&A.

They need the gold production or at least 4 times higher aggregate volume.

In the last quarter they could decrease the G&A already, but it´s still to high for a company with this revenues.

I told this Fifer also!
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german_investor

05/24/14 9:30 AM

#25191 RE: german_investor #25189

p.s:

For only the aggregate production the company has a to high G&A.

They need the gold production or at least 4 times higher aggregate volume.

In the last quarter they could decrease the G&A already, but it´s still to high for a company with this revenues.

I told this Fifer also!
icon url

german_investor

05/24/14 9:30 AM

#25192 RE: german_investor #25189

p.s:

For only the aggregate production the company has a to high G&A.

They need the gold production or at least 4 times higher aggregate volume.

In the last quarter they could decrease the G&A already, but it´s still to high for a company with this revenues.

I told this Fifer also!
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Implanting

05/24/14 9:58 AM

#25193 RE: german_investor #25189

So, they couldn't maintain gold production and aggregate production together was the big problem, if I get what you're saying. Why was that a problem? IMO that should have gone well together, because the more gold production you do the more aggregate you make and can supply to the customer. That process should have gone hand in hand.

How in God's name could he not understand that it would keep his cashcosts lower the more gold they produced? That's just simple math. That's almost unbelievable.