Gold price, page-10

The March quarterly, scheduled before the end of April, will either meet expectations, exceed or undershoot.

KAU's history is to undershoot expectations, particularly after spending a motzah last fiscal year on mine and mill growth capex.

September quarter production of 2,940 ounces was won from ore grading 7.8 gpt, while output in the December quarter of 1,740 ounces came from ore grading 6.1 gpt.

in an upbeat production update issued mid February, the company reported a mined grade of 13 gpt for a week in early February, but we've heard nothing since.

so what do holders expect for the March quarter, in light of the poor information flow from the company.

with a processing capacity at the Maldon mill of about 5,000 tonnes of ore a month, it wouldn't take long at an ore grade of 13 gpt for output to mount up.

i'll stick my neck out and say am hoping for 3k+ ounces production in the quarter, which should yield sales revenue of around and possibly more than A$10 million, with a healthy profit margin over AISC on each ounce.

anyone else having a punt?