cre production post, page-6

According to some calculations I made just after the takeover was announced an average grade of 1.6g/t per campaign would show a small profit.

My calculation was based on them having to mine and transport 600,000 ton of ore and did not take into account any pre positioned ore at Granny Smith,

I note that they still did not get the campaign target of 600,000 tons of ore through the mill, and as a consequence cannot see this campaign 7 result as an improvement.

Will be interesting to see if this campaign 7 results in a profit.