KRM 2.94% 3.3¢ kingsrose mining limited

ouch, page-6

  1. 28,706 Posts.
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    the company is not really experiencing problems with production and head grades

    the 'problem' is Way Linggo can only be mined at a certain rate and KRM cannot meet their targeted production until Talang Santo comes on line

    if we examine the table in yesterday's quarterly report, we see the metal produced in the previous two quarters was due to having stockpiles to process

    the stockpiles are now depleted and, as mentioned, Way Linggo can only be mined at a certain rate

    the table shows:

    Q1: 21,775t mined & 30,779t processed
    Q2: 17,150t mined & 29,860 processed
    Q3: 20,309t mined & 20,380t processed

    in fact, the 'recovery' of metal from ore was greater in the last quarter than in the previous two quarters

    regards
 
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