Just my 2 cents worth, I think guidance has been done this year than not even Dan Andrews could f###k this up, 1/ Tritton did 2@ half thousand tonnes in one month, yes 1 month alone with little to bugger all help from budgy or Avoca. Avoca not forgetting has copper grades in places of over 6pc but also has juicy gold /silver grades so looking forward to it being mined. I remember a.L doing presentations and drilling at budgy had grades at 1.6,1.7,1.8 pc copper with also good silver so I’d be surprised if we are not near upper end of guidance. Also the Jamison cell should be installed this qtr so toot ,toot things should happen.Surprised there was no mention of Murra and its grades but anyhow. Cracow over the last 2 qtrs has been doing 13000 ounces with better gold grade and milling grade so things would have to go back to the shit we have really stuffed this up 1 st and 2nd qtrs not to get close to 48.000 ounces.With lower guidance at 38,000 things would have to go pear shape I think Mt Colin we are screwed with toll days so not sure how you can even give guidance when the EHM can conceal toll days and give you the pineapple.
With copper still over 13,000 a tonne, which is still a bit less than what the hedge price was 13,254.00 As long as the Aussie battler behaves itself and China stops flooding and spends shi*t loads rebuilding and maybe a stimulus then we may be ok. Not giving up just yet will wait till next qtr. Good luck all.
AIS Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held
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