FML 7.41% 12.5¢ focus minerals ltd

dec q bets, page-3

  1. 60 Posts.
    G'day Mark,
    I think that is shooting a bit high although I would like that!

    The guidance/info we got in the Sept Quarterly was:

    "Production in the December Quarter is targeted to range between 40-45,000oz with the transition from mining to the low-strip ratio Burtville open pit in Laverton and Greenfields Open Pit in Coolgardie."

    and for Coolgardie
    "Production in the December Quarter is expected to be between 20,000oz – 22,000oz managing the transition between the Tindals Underground and Greenfields, with production returning to the norm in the March Quarter."

    and for Laverton
    "Campaign 13 at BGS is a 37 day campaign and commenced on 8th October 2012."

    Based on 20k from Coolgardie and 21.5k from Laverton(only having 85% of the campaign duration as Sept qtr and the same grade), I am guessing 41.5k Oz.
 
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