I am not saying RSG is not going to come good.
I am pointing out that things are not as the appeared.
December quarter was as expected
Except the cash burn was more than I expected.
Guidance was maintained so I thought
We were in for a good quarter this time.
Increased production and lower cash burn.
But now we have more cash burn more than budgeted
and guidance lowered.
I think we were all of the of the opinion
of JW under promises and over delivers.
That certainly is not the case now.
We were told grades would start to improve
Well that didnt happen and now guidance is set at 71k for fhis quarter.
Time to wait for some good news before
Thinking the bad news is over.
Cheers
Ann: Quarterly Activities Report, page-85
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