AAU 0.00% 0.4¢ antilles gold limited

The upgrade of the agitators commenced May 31st and was...

  1. 154 Posts.
    The upgrade of the agitators commenced May 31st and was completed July 4th. This would have had a major impact on June.

    The power draw to them was then progressively increased through July. (Will impact the next Quarterly)

    As Paul has already reminded us, operating costs/Oz would be fine (>$350/Oz) if recovery rates were as specified.

    Production/Admin costs were only 700k (8%) above expectations for the quarter.

    The real issue is the ramp up in recovery rates as the improvements and tweaks are made to the plant.

    Given how long it takes for Gold to travel through the plant I understand that it will take a long time for improved recovery rates to be measured and then reported.

    Yes it would have been nice to have been given some improved recovery rate numbers but I expect them to come in a few weeks time.
 
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