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1,484 Posts.
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23/07/18
09:53
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Yeah good annoucements. Although here is the production profile for the next 4 qtrs (I used the graph onthe preso)
Sep - 18k
Dec - 20k
Mar - 23k
Jun - 24k
Total = 85k (2019FY)
A couple of questions here.
Why is this next Sep planned to drop back to 18k? (Is this the high grading that Esh was alluding too?)
If we are expecting to produce at a rate of 24k a qtr for the Jun19 qtr, wouldn't that equate to an ongoing annual rate of 96k for FY20, 21 & 22?
But they are still only estimating 85k annually for those years...... it seems like Leigh is being very conserative with those forward estimates.
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