TIE 0.00% 67.5¢ tietto minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

  1. 304 Posts.
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    I like that they have circa 1.5 M t of ore in stockpiles for the wet season, pity they didn’t publish the grades of those stockpiles.
    Crusher upgrades to be complete by end of the year to achieve 5.5 MTPA rate in 2025.
    Debt free from next month.
    Indicated that blasting initiatives being closely looked at to get better fragmentation ( higher mill throughput) and better grade ( less “ heave” and less dilution).
    All good stuff.
    Dont expect to see a dramatic improvement in gold production any time soon, but they are building towards increased output.
    Hopefully can at least maintain the current 37K ounces per quarter through the wet season.
 
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