Let's name it as it should be: "CHATREE RECORD PRODUCTION UPDATE"
It's around 770 ounces a weekly pour.... It's confusing because some months have 4 Thursdays and some have 5... Look at a calendar
The 5th pour for October was just a couple of days over on the 2nd November... So 1 month and 2 days was 3,800 which was a recordand excellent.... It means production is up about +10 %. From 700 ounces a week to 770 due to increased throughput.... Grade was still 0.45% rubbish, so as soon as they process higher grade it's going to be excellent... Surprised it wasn't $1.40 today.
it looks all perfect.... everything is on track & with this extra couple of million in Gold revenue they probably don't even need a loan with only 1 1/2 months until plant #1 is finished ?
i think we exceed 120,000 ounces next year..... i suspect Ross has under promised and he will over deliver if they process anything near 1 gpt.
anyway lets see ....
What else can stop Ross ?
take a look at this beautiful photo from today.... refurbishment of plant 1 "A large crane in the background"
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