AYN 0.00% 0.1¢ alcyone resources ltd

Well, the production rate of 2,500 to 3,000 oz per day (912,500...

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  1. 28,822 Posts.
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    Well, the production rate of 2,500 to 3,000 oz per day (912,500 to 1,095,000 oz per year) was being achieved in the second quarter. They've confirmed that they have maintained that rate during the third quarter. So it looks as though they have reached steady state already, and expect to maintain that until June 30th. But sometime they'll be dismantling and restacking pads 1,2 and 3. And then 4. Steady state should mean that they are constantly mining, crushing, stripping, restacking so that production is roughly constant, and costs are minimised.
 
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Currently unlisted public company.

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