GCY 1.82% 54.0¢ gascoyne resources limited

Still mining. Milling stopped a while ago for an unscheduled...

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  1. 9 Posts.
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    Still mining. Milling stopped a while ago for an unscheduled shut to repair mill discharge grates. Remember the announcements where mill throughput was hindered by the original grates the replacements work way better but had to be replaced equals an unplanned shut for a few days at the worse time for trying to make gold. Some higher grade ore around not enough though, they have fed lots of low grade this quarter.
    Mining has been slowed by water, unexpected reactive ground causing blasting delays, running out of broken dirt to dig, doing grade control etc you have heard them all before.
    Told by a third party that the administrators moved in last Monday.
    Can’t believe the time taken to make an announcement. So much for duty to disclose.
 
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