TIE 0.00% 67.5¢ tietto minerals limited

I think progressive improvement, quarter by quarter.Q2- miss...

  1. 304 Posts.
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    I think progressive improvement, quarter by quarter.
    Q2- miss guidance by a bit , maybe 20-25,000 oz
    All because of lower grades than forecast.
    Q3- miss guidance again but steady improvement
    Maybe 35-40,000 ozs
    . Grades improving, still not quite up to forecast
    . Some throughput issues due to wet season
    Q4- maybe 40–50,000 ozs
    . Grades on target or nearly. Mill at nameplate.

    2023 production of circa 100,000ozs total
    below guidance but still a healthy profit

    most issues sorted by end of 2023.
    share price- no idea. Too much behind the scenes .

    if my guess above is as good as my horse punting skills,
    then ignore it all

    and the T/O scenario may well render all of the above moot.
 
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