Thanks Slura, Your post gave me cause to revisit some of last years announcements. I for one would like to see the ozs from Coolgardie climb above the 25000.
It is nice to know that although the funds were diverted from Coolgardie to CRE management saw the potential to deliver 130000 from that operation.
18/4/11 “We will deliver 100,000oz in this calendar year with much of that weighted to the second half as we bring two new mines into full production. As these mines hit their straps, we expect to deliver a further 30 per cent increase in gold production to 130,000oz in calendar 2012.
Yes the 33000 ozs did not come about as spruiked for the March Q but what eventuated?.... 34211 ozs from the group and clmbing. The potential for 130000 from Coolgardie ops IS STILL THERE (look at the Norris pit intersections) so in the future we can look forward to a better outcome and more profit than if we had stayed at home.
Juju
FML Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
