Also based on what they have produced in the past quarter.
The thing that has messed with me in trying to predict August production was that they announced 100 oz in last 2 days of July. so instantly my mind turned to trusting that figure and calculating a monthly figure from that. So 23 days x 50 oz. I just wonder whether that figure can be trusted and/or if there is some other unknown for that occurring that may have been just lucky in some way.
+ when I saw that video with the bucket tied to the winch, it just came across as experimental. I don't understand how that method is very efficient. I can't imagine many tonnes per day being put through that way. Maybe I'm missing something or a lot, but like I said it's basically just a guess.
OGX Price at posting:
3.7¢ Sentiment: Sell Disclosure: Not Held
