@Beachlover ... this has been one of my arguments for sometime, guidance.
All base metal and gold mines have variability both underground and open pit .... it’s just not Red River mines so that argument is not a justification not to provide any.
How do the many other miners produce guidance ?
If you can make the financial decision to mine you have to have an idea whats there , you have to have a mine plan, you have to have a mining schedule.
From that you produce the guidance, guidance being a range.
One reason companies don’t produce guidance could be it doesn’t allow scrutiny of their performance.
Doing “our best” as a guidance doesn’t inspire big investors to invest, the market is forward looking so they look towards the guidance for a gauge of profitability.
