GCY 1.82% 54.0¢ gascoyne resources limited

Ann: Board and Management Changes, page-16

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  1. 23,765 Posts.
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    So the MD restated 25K oz a few weeks ago and then we get this :

    "Largely due to the effect during October of the restrictions on plant throughput due to pegging of SAG mill discharge grates, and the need for periodic mill shut downs to remedy the blockages, the Company advises that it considers that forecast December quarter output is expected to be within a range of 19,000 oz to 22,000 oz, based on the current mine schedule and throughput rates which is below previous forecast of 25,000 oz (ASX releases dated 16 August, 17 September, 24 September and 3 October)."

    I will be contacting ASIC to me the company withheld information then released it in the quarterly open and shut case I feel .
 
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