G1A 0.00% 5.9¢ galena mining limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

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    "CY2023 guidance has been reviewed, mainly due to the slower than expected ramp-up in lead grade during the June and September quarters. • Mill throughput 0.8-1.0Mt (guidance maintained). • Lead grade mined 5.5-6.5% (previous guidance 6.0-7.0%). • Silver grade mined 19.0-21.0g/t (previous guidance 16.5-18.5g/t). • Lead Metal Production 40-45kt (previous guidance 50-60kt). • Silver Metal Production 325-425kozpa (guidance maintained). • Lead C1 Direct Cash Cost US$0.90-1.00/lb (previous guidance US$0.70-0.80/lb). • EBITDA A$Nil-5M (previous guidance A$15-25M)."

    The last sentence does not look flash , if that is what CY24 will end up looking like as from Jan 23 they also have to start paying back around 6.7m a quarter in loan repayments
 
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