G'day Jason.
The CTO quarterly report for March stated: "25,000oz gold production plan for calendar 2009".
It also stated "Annualised production rate of 60,000ozs by late 2009.
Production so far for the year: March qtr = 2,522ozs, June qtr = 1,855ozs, September qtr = 2,609ozs.
Total = 6,986ozs.
To reach Mark Lynch's stated target they need 18,014ozs for the last quarter of 2009.
What chance that???
As far as the stated "Annualised rate of 60,000ozs by late 2009", well I suppose if they produce 15,0000zs for the last quarter then they are there, but I will not be holding my breath.
Kind regards
Lockitt
it's time .. it's time, page-42
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