DRA 0.00% $1.87 dra global limited

q4 ounces

  1. 271 Posts.
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    Firstly oouch, today hurt.

    Now looking to the future and trying to work out what we could expect out of Q4 production.

    Based on activity reports and the recent presentation DRA is expecting the following out of Q4 production:

    Mine-----------Q1---------Q2---------Q3---------Q4---------Total
    Svartliden----8,176-----10,098----9,220-----9,506-----37,000
    Orivesi--------7,137------9,437-----5,029-----5,897-----27,500
    Jokisivu-----------------------------------------------3,000-----3,000
    Total----------15,313-----19,535----14,249---18,403---67,500

    Production was down in Q3 due to holidays and the testing of ore from Jokisivu. Why is gold recovery from Orivesi going to remain below 6,000oz in Q4 when it should be over 9,000oz?

    I was thinking gold from Jokisivu was going to be in addition to current production however it looks like it is going to be produced at the cost of production from Orivesi.

    An extra 3,000oz from Jokisivu and holiday season over and yet gold recovery less than Q2?
 
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