Agreed...but here's where I'm going with this...Gold at the beginning of this year was ~$1350, right...and I think it was even higher at a point last year with Namoya still under construction...so my question is in all of these previous Q's, as gold fell under $1300, then under $1250, then under $1200, why didn't they have to take these impairment charges?
If it is because everything was based off of $1200 gold, and they had to recalibrate, then why did they only recalibrate at current gold price instead of looking at a longer downward trend...maybe making the new base on $1000 gold instead? That's my only complaint if you will...I would've rather them taken one huge hit in Q2, and then been able to proudly post their .04 EPS in Q3. To me the Q2 hit of ~50M was ugly...if it would've been ~$73M, it would've still been ugly (in my eyes)...no better, no worse.
Overall, very very happy with the progress they are showing and I'm excited to read the CC transcript later today.
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