re: Ann: Twin Hills Operations and Production... "there's a lot of mumbo jumbo in those announcements, Fast. ambiguous language
Jan 31 they said production would be ramped up to design rate in the March quarter. 3 weeks later they said "by Q3".
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Guess on January 31st. AYN didn't know about the continued "heavy February rainfall."
From the 22/2/2012 ASX announcement:
Stacking of Leach Pad 3 now underway after delays due to continued heavy February rainfall...
The Company advises that stacking of high-grade ore onto Leach Pad 3 has now commenced and similar ore is now under full irrigation on Leach Pad 2. In total, approximately 400,000 recoverable ounces of silver are stockpiled on Leach Pad 2 and 3.
The recent heavy rains in south-east Queensland have caused delays to the completion of Leach Pad 3, which was expected to be in production in January and forecast to significantly increase production levels for the March 2012
Quarter. It is now anticipated that production will commence from this pad by late March.
re: Ann: Twin Hills Operations and Production... "there's a lot...
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