BGL 3.61% $1.29 bellevue gold limited

Ann: Commercial production declared & expansion studies commence, page-44

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    In this instance, what does commercial production mean? It could mean the business has reached the cash flow positive stage or it may indicate production has reached the forecast run rate of gold ounces (200,000 pa). I think it's the latter, in which case expect 50k oz this Q minimum.
 
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