GCY 1.82% 54.0¢ gascoyne resources limited

Turning the corner, page-3

  1. 530 Posts.
    lightbulb Created with Sketch. 59
    Yep we want about 8000 oz for December.
    Which would give above 18,000 oz for the quarter.
    And set us up nicely for the Mar qtr.
    Gold prices are continuing to climb now above aud1735.

    So we have no issues with selling the product at a decent price.
    We have a new plant that has just begun ( 5 months ) production and a few minor issues are identified and resolved.
    We have the best mining contractors in the business ( I’m biased as a nrw shareholder ).
    And a new resource statement for Gilbeys confirming that fresh ore grades will be as per the PFS.
    And no debt issues .

    So we have a plenty of a great product that our staff/contractors can easily and economically produce through our new equipment and then sell at a high margin for a big fat juicy profit.
 
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