Author asks for insights on Namib Minerals after a 100% move, noting steady throughput and falling AISC from the latest PR.
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Posting again got deleted for spam yippie but does looking for insights into $NAMM as i saw them appear in my discord today and just look at what today is doing for them.
I looked at the latest pr and they said throughput stayed steady over the last 30 days and operations have been more consistent. Cost-wise, on-mine AISC fell \~8% MoM to \~$2,140/oz, and company-level AISC fell \~11%, which they credit to tighter cost control and more disciplined execution. Safety was also noted: no lost-time injuries over the three months ended November.
Seems okay but i must be missing more to this story as they are up 100% so if you know more here leave a msg or feel free to dm me im curious to know what's driving this and if its sustainable