I had expected a bit more for December but I see they are keeping the higher grade ore on the stockpile while teething issues were sorted. Makes sense.
Plenty of higher grade open pit and Golden Age (5g/t) ore waiting to be processed
Happy to see guidance for next 2 quarters unchanged with majority of commissioning issues sorted out and the ramp up in production continuing. Recovery rates are good.
Crushing circuit is sorted. Tick
Grinding circuit seems to be dragging its feet a little but this seems to be an issue with the ore type rather than mechanical. Also limited by crusher availability which has now been sorted.
All up it seems to be a pretty fair report. Commissioning issues have been identified and largely resolved in December. Grade and throughput set to improve substantially this qtr
Market seems happy with the result !
- Forums
- ASX - By Stock
- Ann: Matilda Quarterly Gold Production
I had expected a bit more for December but I see they are...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)