Q2 Production5 Jul 2018 13:57
Gino 73 & Rebess are absolutely correct.It would appear that the news relates to Issue No 1121. Indeed a repeat of
very old news. Re Q2 projected production , wiser to study in depth CENTAMIN'S report of 5th June 2018.
Shortfall caused by " persisting low grades from transition zone in open pit & lower devolopment grade from underground".Page 5 clearly gives the clue: plant feed grade revised 05-June -18 =1.35 g/t ( compared to Q1/18=1.56g/t &Q/17=1.6g/t) & underground feed grade is 6.6g/t ( compared to1.56 & 1.6 for Q1/18 & Q4/17 resp.)
Plant throughput ( revised 05-June 18) 12.6compared to12.3 MtpaforQ1/18 & Q4/17).
All these are negative informations: Q/2 /18 production based on shipments & lower feed grades -
volume is projected to be 115,000 OUNZE max. Please note overall grade is 0.58 g/t vs0.64 & 0.7 during Q/1 18 & 0.7 inQ/4/17.Mr Tibbles, the fault is not the DRILL! it appears to be an excuse. I am a very long term investor & chose
to come out & waiting to come back after Q/2 PRELIM or even later.
