Not bad QOQ but not the best either... QOQ Group production not the best on Cu and AISC but massive increase on Zinc production and fantastic on Au and Ag.
Nice increase to the Golden Grove revenue but not Capricorn. Capricorn QP adjustments for prior period sales (Sept) made the Dec Quarter better than what it would have been without it. Mind you its coming off a really high base from the previous Sept quarter.
Overall happy with my investment in 29M thus far. Only bought in late Dec. Plenty to improve upon and understandably lumpy production thus far. Consistency QOQ is not really a hallmark of a miner in this MC and mine lifecycle. This quarterly is not negative enough to warrant a continuation of the H&S pattern on the TA. More than happy to top up in the closer to the blue support lines....
Ann: December 2022 Quarter - Quarterly Report, page-6
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