Q2 on sedar Lousy disclosure. Sent an email to mgmt complaining.....
Hello,
The MD&A does not give adequate explanations. Shareholders are wondering:
It appears the plant is running at about 1/4 capacity. Is this correct?
Why is the ramping of production taking so long?
What grade of ore is the plant processing?
Why not disclose ounces of gold sold?
Xxxxxx
| | Revenue | Gross profit | Gross margin | Royalty payment | Margin - royalty |
| Sep 22 | 867,942 | 613,151 | 70.6% | 228,569 | 44.3% |
| Jun 22 | 718,560 | 425,770 | 59.3% | 152,076 | 38.1% |
| Mar 22 | 711,019 | 345,752 | 48.6% | 176,707 | 23.8% |
| Dec 21 | 784,419 | 627,144 | 80.0% | 124,016 | 64.1% |
| Sep 21 | 319,780 | 191,250 | 59.8% | 100,943 | 28.2% |
| Jun 21 | 266,298 | 171,645 | 64.5% | 57,154 | 43.0% |
| Mar 21 | 108,431 | (31,647) | (29.2%) | 42,861 | (68.7%) |