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530 Posts.
59
25/01/19
09:45
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Hi Albatross,
Yes they will definitely give a January production update with the quarterly.
On my guesstimate figures , I work it out as follows:
9,500 x 30 days ( 1 day of maintenance)
Multipled by 1.05
Divided by 31.1 ( Troy ounce )
Multiplied by.931 ( recovery rate )
285,000 x 1.05 = 298,250
299,250 divide 31.1 = 9,622
9622 x .931 = 8,958 ounces.
If so and they keep it around the same for the quarter that’s 26,000 oz.
26000 x 1750 = 45,500,000.
I can’t see anything but share price appreciation for this company after the quarterly.
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