VAU 0.00% 37.5¢ vault minerals limited

Ann: Company Insight - New MD Norregaard on Compa, page-4

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  1. 11,129 Posts.
    lightbulb Created with Sketch. 635
    re: Ann: Company Insight - New MD Norregaard ... Good to hear the boss give his views. The market liked it, but it is awfully gloomy in the goldiebugworld at the moment.

    Like I said some time ago, they picked a guy with the relevant experience for this job.

    It will take a bit of time to get to the production targets we would like to see.

    They may only produce 6500-8000 ounces this quarter given all the constraints. June quarter perhaps around 8,000-10,000 ounces, since they need to clear more overburden to get at the ore. Takeoff in production will be September and December quarters.

    GLA

    loki
 
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