Last year updates tended to come end of the month:
11th Aug mining commenced
24th Aug ore extracted
21st Sep gold pour
27th Oct "production on track"
28th Nov first funds received
13th Jan update (included info about December)
30th Jan quarterly
The 13th Jan update said there'd be payment for December "in the coming weeks".
The "first funds" update was 2 months after the "first gold pour" ann.
The 13th Jan ann said they were paid until end November.
Putting that together you'd guess the billing cycle is monthly and the money comes through 6-8 weeks after the end of month.
So you'd hope there'd be an ann around about.... now. I hope we don't have to wait another 8 weeks for the quarterly. If we do some overly simplistic calculations (ignoring overburden issues and the rest) they got $170k for 14 kt to end Nov (at $12/t) so for 9 kt in Dec they should pull over 100K. At very least they should be breaking even now.
WWI Price at posting:
2.5¢ Sentiment: None Disclosure: Held
