CGT 0.00% 21.0¢ castlemaine goldfields limited

Snowy, you are right - it doesn't add up. BFZ was expected to...

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  1. 3,827 Posts.
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    Snowy, you are right - it doesn't add up.

    BFZ was expected to deliver 28,000t @4.5 g/t
    Bobby Dazzler was expected to deliver [? ]t @4.1g/t

    BFZ delivered as at 7/11 so far 5,000t @2.1g/t
    Bobby Dazzler as at 7/11 so far 3,000t @2.4g/t

    So the expected grade was in low to mid 4s and based on very small early samples was in low to mid 2s. What has happened to grade last few weeks - has it been in 4s as expected?

    But the total missing ounces is only 2-3 thousand - assuming no improvement in grade as mining continues. Share price smashed by 75% into 9s due to only a few thousand missing ounces (based on early samples only) ?? Another $15m needed ??

    Something does not add up.
 
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