Have been waiting for the production figures for June but they appear to be a bit delayed.
I decided to try and reconcile recent numbers back to the NST release put out recently. I've had a bit of difficulty because the numbers look unreasonably large and it looks to me like the month of June will be significantly bigger than any month we've had before.
Gold accredited to TBR and RND in the 3rd qtr was 19kozs. The only way I can get near the NST announced full year figures is if the numbers for June on their own exceeds the entire 3rd qtr production.
It looks to me like June could be 20kozs(TBR&RND). The number accredited to the gold account might be marginally lower due to gold in transit numbers but even if my numbers are off a quite a bit June looks like it was a massive month.
Looking forward to the announcement.
TBR Price at posting:
$3.94 Sentiment: Buy Disclosure: Held
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