I have completed my analysis of the possible production/sales profile for the Sep quarter as per the attached weekly sales report.
It shows that possible receipts for the quarter could be A$36.8mil as compared to my previous estimate of A$33.8mil but there is a consequent drop in the receivables at 30Sep to A$5.3mil compared to my previous estimate of A$8mil.
The other interesting fact to note is that there has been a drop in the weekly sales/production from around 1,000 to 1,100 ozs of gold in the seven weeks up to 30Jun23 to an average of around 800 ozs of gold during the 13 weeks of the Sep23 quarter due to the fall in the grade and recoveries in the Sep quarter.
Sep23 quarter predictions, page-14
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