Response to ASX Appendix 5B Query
"As set out in the Entity’s Q3 Quarterly Activities Report, gold recovered to the end of the period was 36,513 ounces. The same Report provided full year guidance of 58,000 to 60,000 ounces. This means that the Entity expects to produce a minimum of 21,487 ounces in Q4."
Operations Update and Production Guidance
"Annual production forecast revised to ~56,000oz to 30 June 2018."
Do these guys just put numbers on a dart board, or is there a method to their madness?
Based on their revised GUESSTIMATES, they would be expecting a maximum of 19,500 ounces.
I wonder if Mr. ASX watchdog as them a few questions????
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