Production Update, page-25

Well the 15th of April came and went, with no surprise from me about no announcement on Sunday.

I must admit they did use the usual get out of gaol words like believe and anticipate.

How could a company not have the financials from the last half year complete by now? My guess is like a few others here, something to do with auditors having a hard time reconciling the part about an ongoing concern.

From last years annual report was the following in the auditors report (P 63)
"The Key Audit Matters we identified are:
• Valuation of exploration and evaluation assets;
• Valuation of property, plant and equipment and mine development costs; and
• Valuation of ore inventory."

IMHO the 58% reduction in the reserves would materially affect "valuation of ore inventory".

Anyone expecting an announcement this week??