SLV 0.00% 74.5¢ sylvania resources limited

uk/asx volumes / quarter update

  1. 20 Posts.
    Evening - The trades are on the way up past 10 trading sessions and getting more support for the larger sellers. Could there be a run to the end of the week as I expect news Friday but this is based on the previous updates and nothing scientific. The deal with Samancor/IMG I expect this to impact positively on the results for the last quarter. Its not brain surgery to work out that there will be the term Record high production of 10K+ ounces from the SDO plants in the update.

    What I'm also looking for is an update on Everest North to put to bed the saga but perhaps not yet and Lannex up up and away with the beadmill being commissioned in this quarter update to improve recoveries and then start an increase for the next 3 quarters as productions gets ramped up. I'm hoping Lannex costs are down from the $838/Oz from the last quarter, ideally to $620 or lower. All speculation on my part but will be taking a sneaky peak at the UK for the update.

    [IMG][IMG]http://i51.tinypic.com/28860p2.jpg[/IMG][/IMG]
 
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