KCN 1.79% $1.38 kingsgate consolidated limited.

Ann: Chair's Address to Shareholders, page-54

  1. 1,658 Posts.
    lightbulb Created with Sketch. 1025
    I had a chat with her at the AGM. I travelled there from Melbourne.

    To be fair this is what he said at the AGM leading off with....

    "For the first time in 7 years I am able to stand in front of you today and report that your
    Company is once again running an operating gold mine, albeit so far on a quite limited basis.
    Since our first gold pour on 23rd March we have produced over 27,000 ounces of gold and
    approximately 300,000 ounces of silver, all from the low grade stockpile built up over the 15
    years of previous successful production, and with a head grade of 0.44 g/tonne.
    This is quite an extraordinary result with our operating team maintaining a consistent 80-86%
    recovery rate. Our people, earlier this week, were proud to announce that they had produced
    the 1,000th dore bar since recommencing production."

    That said, I think you are quite right and they should have said that November was almost double October, but they went with the 27,000 ounces as the lead.
 
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