CBH 0.00% 7.0¢ coolabah metals limited

quarterly out

  1. 455 Posts.
    Can anyone shed light on the following at all?

    Previous Quarterly
    - Stated Endeavour mine was at 30% full production.
    - Indicated prod would be 60% full production by end of June Qtr.
    - Indicated prod would be 100% by Sep Qtr.

    Current Quarterly
    - Endeavour mine production quoted as 5% higher that previous Qtr, which by my reckoning is 31.5% full production (eg bugger all improvement).
    - Goes on to mention record development meters (comparing apples versus oranges).
    - No mention of when full production will be realised.

    I appreciate that there may be periods where prod mining is impeded by mine development, but fair to say it would be nice to know how far on or off track the company is....or am I missing something in the report?

 
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