Hi All,
Cre is underferforming as expected.
Cre was unable to supply 640kt of ore to Barrack and has lost 134kt of potential processing. Poof-gone.
Less ore processed this time around than last,no doubt trucking ore from longer distances is having an effect.
Still not up to the volume of ore,or the number of ounces to make 100koz ongoing.
Certainly not heartwarming for CRE minority holders,although i'm sure it suits FML Management quite fine at the moment.
Next run will be 7 DAYS SHORTER AGAIN and 2-4koz less again.So much for 52? day campaigns
I feel the value of CRE minority holdings falling as we speak.
DYOR+DYODD
cre underferforming as expected-prod falling
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Mkt cap ! $38.68M | |||
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