a bore? Not sure what the water table might be like?
On another note, the quarterly was not great. I would love to hear from HotLegs or anyone with an ear to the ground whether a shipment or payment missed the cut off date by a small margin which soured the figures, or something else?
I am also confused about the high number attributed to production ($37,720,000) against the receipts figure of $44,684,000. The cash cost number was around $51 from memory which makes for a reasonably big discrepancy and a low cash marging of some $5M.
Avg sales $ was around $100 so less cash cost of $50 that leaves $50 yet 37/44 = 84%. That leaves up to 34% in the production number that I cannot explain away (yes, royalties etc but are these in the "prodcution" number or elsewhere?)
Still looks promising but I would like to know a little more...
Have a good long weekend.
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