The about to be released quarterly will reveal exactly how much the company has obtained in revenue over the previous 3 months. Regardless of that, the share market always focusses on forward revenues and so what do you think that might be following the increase in the POG to US$2350 over the past month with every indication that it will hold above US$2200? At the same time, the company is increasing its gold output as the mine progresses into untapped material so that the the gold percentage in the ore has improved while the mining rate has increased. Hence, the throughput of the processing plant increases with commensurate processing efficiency and reduced cost.
TIE Price at posting:
66.0¢ Sentiment: None Disclosure: Held
