Wow ... I didn't realise how many happy clapper SH's we had on...

Wow ... I didn't realise how many happy clapper SH's we had on the TIE forum
Out of all the posts so far @leec has kept the reality of the situation in check
These results are not disastrous but they are bad ... TIE cannot get this project humming along
TIE reported than in Jan 2024 they produced over 13kozs ... let's go with 13kozs exact to remain conservative
So if 37,111ozs was produced during the Mar quarter that leaves on average 12,055ozs produced in both Feb and Mar
Costs for the Mar quarter are not going to be too good IMO ... the grades have somewhat stagnated rather than improving
They better get stockpiles to the sky as the wet season is not far away, and if the grades are not over 1gpt costs will be high
Rather than increasing annual production it seems TIE is reducing ... 200k to 170k to 149k
It's great the gold price is at record highs, but TIE cannot control the gold price ... what happens if the gold price falls 10%?
The only thing TIE can control is the project and they are struggling
Debt free ... hurrah ... they didn't have a sh1tload to begin with and it should've been paid off earlier than what it was
Zhaojin are going to be loving this and will be hanging around for many more months ... expect the SP to trade $0.58 - $0.62 for many more months