It's good to see they won't be giving us monthly production numbers any more, only quarterly so the numbers will only be in the hands of the accounting staff rather than CEO/Chairman - neither of whom have any idea how to count.
The other worrying aspect is that they only 'mined' the 200kt of broken waste rock and ore that was left over from past operations but it would appear that none of that was processed/milled in the quarter again contrary to the intention of what was stated at the AGM - all production was from stockpiles and none from fresh ore - it also would appear they haven't done any blasting as yet, so we don't know if they have a permit to do that as yet. If they don't then that is concerning.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-16
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