I just read 2 jan update - 15k oz sales from Duckhead was expected to fall in jan quarter . That puts production from Tucano for the quarter around 18k oz. now the earth moving equipment have yet arrive so one can assume given we are in April this quarter will be sub standard again . At the start of the year base case was 170-190 with another 40-45 k from Duckhead . That would put potential at 210-230k oz . Now we have 170-190 k including Duckhead so upside Been loped by 40k and actual may be upto 60k oz less than potential at start of the year . The true blow out in Costs will be masked this quarter as Duckhead oz from last quarter will bring ASIC down but ASIC next quarter is likely to be terrible
BDR Price at posting:
24.0¢ Sentiment: Hold Disclosure: Not Held
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