The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Trek,
I added more so avg now down to 101 (shame i started with avg on 36!)
36 months till payday
'IF' we can sustain 650 tpd at 7g/t for Q3 that will give us over 12.5koz which then meets original projection targets (for production of gold I mean) and therefore would allow the declaration to be made.
That is not a big increase over the June figure ~ 13% .
My main driver for PS increase though remains the Resource Estimate Update.
While the headline figure looks like it is down by a few percent, actually given that May was only 492tpd it is actually up. Further, the (artificial) 538 for Q1 was for mill startup where 800 tonnes was needed so any old rubbish was being thrown in to commission the ball mill.
June figure up almost 15% with less blending which means production is being balanced better.
While not stellar, it show that mining method changes have resolved the previous issues and grades from underground are those expected.
Same Max, it is either annoying or dodgy.
Well done Trek. Picked up another 20k myself in the 78's so I am happy too.
Try reading the RNS, it states in there how much was produced in Q1 - hence the SP performance.
They said its a pour pretty much every week so ASSUMING the bars are the same its 700oz.
Whether that is still the case we won't likely know till the CPR is relaese (as a foot note) or the Q2 figures are ratified.
Bit, I hope you're wrong for he sake of my pension!
Apologies, I miss read that as being to the 1st March, so I agree it is lower than I would have wanted, however I would never have expected 10k during first quarter. We each have our own expectations. So yes a little disappointing but as you point out they are aware of the issues and how to resolve them. The money invested in the CIP, mill and gravity hardware certainly shows it was worth it though.
Although this could have been better, my thought of 6-8k for Q1 looks like it is right on.
And now the banks have made a fortune on the delivery day and etf trades till yesterday PoG is back to normal, so no manipulation there then FCA.
Happy to hold and will be grateful for the new ISA allowance next week.
Roll on the CPR.
Well done
GA, iWeb only allowing 100 to buy too, but 15k if you sell.
Banan
Q1 is only a hope, the statement was in H1, hopefully Q1 - (or something close to those words).
LC has actually achieved something
That's very naive, Kibo has liabilities that need to be taken off.
All looking good and may even exceed what I expected for the quarter of 6-8koz. Keep it up guys.
The 10k at 14:48 was a buy, happy with that price thank you.
Rising treasury yields
And mine but only because its the biggest
I have been buying from 34p and paid as much as 143p, which even at that I did not, and still don't, see that as expensive.
From the current fundamentals 1Moxz indicated and 1Moz+ reserve this is 150 all day. While not yet quite underwater I will continue to add since the CPR will add to the bottom line.
So where is it going, short term difficult to say but 4 months hence this will be way up (or should be) so the answer to your question is 'depends on your timeline.'
Bill it is not 'another' director selling, it is one of the same as before.
As for Q1 results, I do not expect it to be particularly high. Considering the mill/smelter will not be running continuously during this period I will be satisfied with six to eight thousand for the quarter More telling will be the sustained daily throughput during the final two weeks, as this should indicated the Q2 targets.