GCY 1.82% 54.0¢ gascoyne resources limited

Ann: Operations and Exploration Update, page-5

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  1. 7,303 Posts.
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    Hey Nord, well done mate, glad you were able to minimize your loss.
    My rough estimate is actually a little higher, but.... then I have no idea why I am being so optimistic.
    They state they are already at 320t per hour, so, with a slightly higher grade, they should be producing around 235 ounces per day, or 3500 to end off the quarter. Meaning around 13,580 ounces. Still, its short of what they were planning to hit.

    Anyway. Bugger.
 
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