Not building much confidence in reliable forecasting from the BOSS however. One month ago "June QTR production remains on target to produce greater than production guidance of 2952 tons produced in the March QTR " NOT NOW apparently,it is now quietly drifting less without much fanfare. 1832 +( 975 to 1050 tons) is 2807 to 2882 tons target.
Don't forget one extra milling run in this June QTR,than the March QTR as well.
They can't squeeze much more out of recoveries,the plant appears finely tuned now for lower grade ore. Definitely Well done on the processing plant side. Without the uplift in yield for the month it would have been 992 tons for the month instead of 1002 tons. an extra ten tons yield worth around AU$160k extra at todays market price. Milling more ore than they are mining this QTR,so far,dipping into March QTR leftover stocks.
Regards
HGO Price at posting:
4.0¢ Sentiment: None Disclosure: Held
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