AAU 0.00% 0.4¢ antilles gold limited

Ann: Update on Financing and Production, page-86

  1. 1,468 Posts.
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    Plough,
    I agree with your description of BJ and I am not suggesting that he is the culprit but I have no doubt there is deceit involved and it does not appear to be by accident.
    I would now have to suspect the reason we were not given any production figures 3 weeks or so ago when we reached 90% throughput is because the problem was becoming obvious then. To protect the SP they obviously wanted to avoid showing their highest recovery rate which would then show clearly how far the production levels fell by moving to 850 oz. A coincidental change in the reporting of the gold recovery rate to gold equivalent would also have confused many shareholders as well. Maybe we now know why there was a big seller of 3.5m shares at .38c last week too.
    If you are doubtful of my production calculation go back to Paul’s conservative figures on 19/9, #14001005. But that would not have been at their peak recovery rate.
    At a recovery rate of 53% he has 909 oz gold and 8,181 oz silver. The 8,181 = 110 gold so the gold equivalent becomes 1,019 oz which is a long way above 850 oz.
 
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