Awesome interview I'm a Bsc. Minerals engineering undergraduate. I developed a predictive analytical model but I don't know how to bring on board. If there could be any help
Good interview. As a shareholder from 2017 I think Mr McCunn did a disservice by just referring to "challenging times" rather than give details, albeit brief, of the difficulties with the mine, production, organised shorters and the eventual need to sell 50% to GFI to form the JV. I think Q1 and Q2 2020 are scheduled to have better AISC but due to increase in Q3 - some more colour on this, rather than the aim to reduce AISC by $100 would have been welcome. BTW, a note of when this interview took place would be welcome. Otherwise - good job!
Great feedback. It was our first time speaking with this company and CEO so hard to cover all the basis in one go, but will be sure to get in to address some of the questions over time. UA-cam indicates when the interview was broadcast and we try to turn them around within 48hrs.
@@CRUXInvestor so interview took place around 10 June? Wasn't sure if older than that - appreciate that YT give date of broadcast, but it's the date of interview that's interesting e.g. before company filed its (uncommented) $300m shelf registration (need, if money being returned to shareholders?).
Because they would be buying doré bars which are only semi-pure alloys of gold and silver. The bars created at the mine site still need to be transported to a refinery approved by the LBMA for purification in order to be sellable in the market.
dynamite369 that’s fine, my recommendation was to hold Gold a preservation of purchasing power.. I mean, they need to figure something out with the FCF.. holding currency that depreciates + all investment now carry high risk.. just a suggestion option
Too many Vancouver Ceos think business is a lifestyle. Thankfully this one has learned that his primary duty is to make money.
Awesome interview
I'm a Bsc. Minerals engineering undergraduate. I developed a predictive analytical model but I don't know how to bring on board. If there could be any help
The model actually works in the mines (Asanko Mines)
Good interview. As a shareholder from 2017 I think Mr McCunn did a disservice by just referring to "challenging times" rather than give details, albeit brief, of the difficulties with the mine, production, organised shorters and the eventual need to sell 50% to GFI to form the JV. I think Q1 and Q2 2020 are scheduled to have better AISC but due to increase in Q3 - some more colour on this, rather than the aim to reduce AISC by $100 would have been welcome. BTW, a note of when this interview took place would be welcome. Otherwise - good job!
Great feedback. It was our first time speaking with this company and CEO so hard to cover all the basis in one go, but will be sure to get in to address some of the questions over time. UA-cam indicates when the interview was broadcast and we try to turn them around within 48hrs.
@@CRUXInvestor so interview took place around 10 June? Wasn't sure if older than that - appreciate that YT give date of broadcast, but it's the date of interview that's interesting e.g. before company filed its (uncommented) $300m shelf registration (need, if money being returned to shareholders?).
Why can’t they buy their own product (Gold) with cash they make.. buy back your own Gold..
Because they would be buying doré bars which are only semi-pure alloys of gold and silver. The bars created at the mine site still need to be transported to a refinery approved by the LBMA for purification in order to be sellable in the market.
dynamite369 that’s fine, my recommendation was to hold Gold a preservation of purchasing power.. I mean, they need to figure something out with the FCF.. holding currency that depreciates + all investment now carry high risk.. just a suggestion option