Good results from @SolGold_plc's Rock chip samples and from a 200x1m long Breccia on the Coangos Project. Now time to drill and see what's below...
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May 10, 2019
May 1, 2019
From 1.6 Billion to 7 Billion in a Century: How the Earth's Population Exploded
Turning Nitrogen from the air into Fertilizer for our food has been, possibly, the most important invention in human history. It's had such an extraordinary impact on our lives, leading to an explosion in the human population from 1.6 Billion to 7 Billion in a Century
From 1.6 Billion to 7 Billion in a Century: How the Earth's Population Exploded
The Haber-Bosch process allows us to turn nitrogen from the air into fertilizer for our food. It's had such an extraordinary impact on our lives, it led to an explosion in the human population.It might be the most important invention in human history.Video by Tom Gibson
Source: Bloomberg
MasterMetals
@MasterMetals
@EndeavourMining Q1 press release digest
$EDV Q1-2019 results as per attached. As the press release is quite lengthy, below is a quick digest.
· Beat broker consensus across key metrics
(note that the Bloomberg consensus is incomplete)
(note that the Bloomberg consensus is incomplete)
Consensus
|
No. of
|
Production
|
AISC
|
CFPS pre-WC
|
Adj. EPS
|
estimates
|
(koz)
|
($/oz)
|
($/sh)
|
($/sh)
| |
Bloomberg
|
5
|
112
|
n.a.
|
$0.36
|
$(0.05)
|
Company Surveyed
|
11
|
110
|
$970
|
$0.39
|
$(0.08)
|
Actual
|
121
|
$877
|
$0.44
|
$(0.04)
| |
Beat / Miss
|
Beat
|
Beat
|
Beat
|
Beat
|
› The production beat vs. consensus was driven by a slightly better than expected performance across operating mines and the earlier than expected first pour gold at Ity CIL
› The AISC beat vs. consensus was largely driven by a beat at Agbaou while Hounde and Karma were within 5% of consensus
› Q1-2019 production decreased and AISC increased over the record Q4-2018 (as anticipated) due to: 1) the Ity heap leach operation ceased in 2018 ahead of the CIL commissioning and 2) the group strategically fed ῀30% of total mill feed from low-grade stockpiles (in line with the previously announced focus on reducing working capital), allowing for an increase in waste capitalization activities which is expected to give rise to higher grades in the upcoming quarters.
· Well positioned to meet full year 2019 production and AISC guidance
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