On the 9/11/2017
Presentation to Precious Metals Symposium. They indicated that
"FY18 guidance remains 70-80koz.". Yesterday, they outlined that
"Guidance for combined Challenger and Tarcoola mining operations for year to 30 June 2018 is 58,000 oz to 60,000 oz".
They have downgraded production by 12,000-20,000 oz..... without much fanfair.
Due to the current climate with the ASX on announcements, reporting, and disclosure. I have my suspicions, why they have indicated that the this for the next quarter they would be producing 22,500 oz.....
..... I seriously, wonder what would happen if they indicated, they the would only be producing about ~15,000 oz.... would they get a please explain from the ASX, about the impending liquidity crisis?
.....but if history is any indicator, these are merely guesstimates.
