CCU 0.00% 5.8¢ cobar consolidated resources limited

for the chartists, page-68

  1. 2,388 Posts.
    We need more than forecasts, they've already told us the grades they have mined for October and part of November (89 g/t and 75 g/t). The problem remains matching forecast to actual production as trust was t-boned by the massive disparity between expectations and reality.

    We also already know November is a wipe out, with December likely to be down as well:

    "We expect to produce 70-75,000oz of Dore in November and we will know more about December when we fully understand the Boundary grade variance."

    So it's likely to be 4-8 week wait for us to find out the results of the better grading ore in upping production. We can only hope then that they are more closely monitoring the grades going through the mill and stable forecast production is not only actually achievable but achieved.


 
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