RE: Rns out14 Jan 2019 09:56
Daisan
Agree with what you say. Drop in tonnage ore mined for seasonal reasons? There is a good stockpile at t'mill anyway. Feed grade (AU) is, I think, the highest we have seen so far, though to an extent the management can chose the grades from the stockpiled ore to get the result they want. Plant working at steady rate quarter on quarter so no apparent maintenance problems there. Same amount of gold, lots of silver!
The gold is sold as soon as poured, the average gold & silver price achieved may be a little lower Q3 -> Q4 but the silver production will compensate, financial result should be very similar to last month hopefully. I liked comment, which you also noted, implying the loan may get paid off prematurely.
Could do without Trump threatening to 'destroy the Turkish economy' this morning, although in the short term the effect on the Lira will help costs I suppose.
See Dibs, we do get back on topic when there is news.