this announcement doesn't tell us anything a shareholder hasn't already been told in prior announcements,including the debt would be paid off by the end of november.
Its just a statement for statements sake.Now that does worry me.why?unless to shore up the shareprice,so some oppie buyers can cash out for xmas.
It certainly doesn't highlight OCT production,is that because NOV might be miserable.don't forget we lifted around 8500 oz.in Oct(forget the 9600 pouring)and have been lifting less than we have been pouring since we started milling in july.The truth is we need higher mill feed(more tons) lifted or sourced from elsewhere to maintain 10koz a month.i.e. 120koz a year.
we are supposedly only trying to achieve a 3-5yr life at 60-75koz/yr.
I suspect that to be a deliberate understatement,but that is the HISTORICAL PRODUCTION RATE FOR THIS MINE.
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