FML focus minerals ltd

the 23,127 oz question we all should be asking, page-4

  1. 435 Posts.
    Hi Fitnfam,

    Didn't we get caught out once before in trying to derive the source of these sort of figures and came to the conclusion that it was the BGS final recovery cycle that produced ounces that ended up in the next reporting period?

    The old CRE used to report ounces produced only after final recovery from each milling campaign, and if the campaign ended on the cusp of a reporting period they would include an estimate of gold in the recovery cycle for their ounces produced figure for the quarter (doing any adjustment on the provided estimate in the next quarter).

    Personally, I would be happy to see Laverton use the old campaign reporting system, with reporting from 3MH on an end of month basis.

    At the moment, in terms of ounces produced, we don't know whether to reach for the flowers or a noose at the end of each month, and while I have plenty of flowers, I am running short on nooses.

    cheers, kentwang

    PS Now that the resue mining method is in full swing at the Mount, I think the stars are aligning on your figures for it.
 
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