MOY millennium minerals limited
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May 24 (Reuters) - Millennium Minerals Ltd (MOY) : ANNUAL...

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    24/05/19
    11:30
    Post #: 38726494

    May 24 (Reuters) - Millennium Minerals Ltd (MOY) :

    • ANNUAL PRODUCTION GUIDANCE FOR CY2019 HAS BEEN REVISED TO 80-90KOZ AT AISC OF A$1,370-1,450/OZ
    • PRODUCTION IN SECOND HALF IS FORECAST TO BE 46,000-54,000OZ
    • AGREEMENT REACHED FOR A $20M MEZZANINE DEBT FACILITY FROM MAJOR SHAREHOLDER IMC GROUP
    • DUE TO PRODUCTION AND RAMP-UP DELAYS, PRODUCTION FOR FIRST HALF OF CY2019 WILL BE RESTRICTED TO 34-36,000OZ
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