Ventilation upgrade completed with the exhaust fan successfully commissioned in late February and fully operational by mid-March enabling an acceleration of M2 shoot development at depth. The resultant increase in grade facilitated production of 9,001 ounces for the month of March.
Plant expansion completed and commissioned on schedule and on budget with increased annual production rates anticipated to build to around 120,000 ounces per annum over the June 2010 quarter.
To the best of my knowledge that is the last info released by the company.
With the price action in mind since June 21, it would appear someone knows otherwise. I hope not, maybe someone is just getting out as institutions do sometimes
5.7 million Shares traded in that time with the price dropping from 314 to 225.
It would be good I think if the company could make some announcement to reassure the market --- is the company still cash flow positive, what is the current production rate, what are the current costs etc???
A cannot say I am particularly impressed with current situation.
DOM Price at posting:
$2.27 Sentiment: None Disclosure: Held
