Time to resurrect this thread.
Guidance was missed last year.
After confirming it all year
300k oz set and 284k oz produced.
As all should know ....these guys don't even bother to give a lower and upper range.
Appears they pick a number and that's it
This year...amazingly 300k is magic number again...
So far production has managed a 56k oz
and 73k oz.....leaving 171k over the next
Half.
They have stated full ramp up of the underground to be in the middle 2019.
So there is a strong case that guidance may be missed again...
It will be interesting to see what is in the quarterly report ... It would have been prudent to set guidance at 280k after missing 300k last year.
It came out this week that Ravenswood could be sold off ...I would think that the sale wouldn't help the SP....and it would not be creating wealth for shareholders.
Anybody want have a crack on the next quarter production ??...
Cheers
Guidance Missed
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