Exactly what I was thinking too.
Holding back a lot of information compared to previous quarterlies.
I was expecting a possible 300ktpa run rate when fines circuit gets installed but 250ktpa might Be now an ambitious target to aim for.
Last quarterly ore treated was 414kt production of ~52ktpa, 1.27 feed grade.
This quarterly ore treated was 430kt production of only ~44ktpa, 1.1 feed grade.
This feed grade is the worst it has been since Q1 last year and they don’t give us the recovery % but must have dropped right off too. Shorters might be on to something not a good quarterly at all imo.
$415 p/t production costs compared $325 last quarter, yikessss seems high but I guess comparable given the amount of increase in material mined.
GXY Price at posting:
$3.03 Sentiment: None Disclosure: Not Held
