CAI 0.00% 11.5¢ calidus resources limited

Ann: Warrawoona Delivers Strong Production in January, page-18

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  1. 2,354 Posts.
    lightbulb Created with Sketch. 1179
    Apologies if I am overposting here.

    Ive tried to work backwards to ascertain end of Jan prodn and possible forecast out. Forgetting about changes to grade just working on throughput increases.

    Based on a 4w month and 4% increase w3Jan, 8% increase w4Jan, I think the Jan weekly production looked something like:

    w1 1265
    w2 1265
    w3 1315 (+4%)
    w4 1366 (+8%)
    tot 5211 (reconciles to 5210oz in ann)

    So annualised prodn based on last wk of Jan = 1366x4 = 5464 p.mth = 65,568oz.pa

    They plan to increase remainder of March qtr to 10% above nameplate however in early Feb they acheived 347 t/hr v 300 t/hr nameplate which is a 15.6% increase. If you forecast those out you get:

    1265 x 1.1 = 1391wk x 4 = 5566p.mth = 66,768 p.a (+10%)
    1265 x 1.156 = 1462wk x 4 = 5848p.mth = 70,179 p.a (+15.6%)




 
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