"so maybe ore production increasing to around 120,000 tonne for the qtr. ( about 10% increase from qtr3 "
That would equate to 480,000 TPA which is near the 450 -500,000 TPA maximum throughput expected. With Far West only producing development ore which will be patchy, 120,000 tonne for this quarter maybe stretching it unless they can get more out of West 45 , that is certainly possible .
There is always room for improvement from all aspects of operations but IMO the main driver going forward will be the price of our metals in AU$ and resource increases and the metal prices have certainly started the quarter in a positive note.
This quarters estimated spend will be interesting and development spending for Far West should be lower than the last quarter and exploration drilling may be higher...
Whatever the mine is making money and how much will be revealed soon...
Cheers Whisky
RVR Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
