It will be interesting peppie given they just released a...

It will be interesting peppie given they just released a presentation (12th April) that re-stated the FY guidance of 70-80,000 ounces plus the Calendar Year guidance of 140-150,000 ounces.

If the quarterly shows that these guidance ranges will be missed it will be definitely disappointing given they'd had the opportunity to provide some warning just 14 days ago in the presentation.

I'd expect ounces this quarter to be anywhere in the 18,000-22,000 range with some indication that the ramp up is on target to begin in the next 2-3 months with the expectation that anywhere between 18,000-25,000 ounces would be produced in the June quarter and then 40,000+ in the last 2 quarters of the year.

Certainly if they miss guidance again this time around with poor excuses then things could get ugly until they start hitting guidance again.