OTCPK:MEAOD - Post by User
Comment by
btrevorbon Oct 14, 2014 11:52am
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Post# 23026013
RE:2014 Production forecast
RE:2014 Production forecastThis is corporate Q1 so the annualized corporate reporting production is 3608 oz behind schedule right out of the gate. MTO has to report a minimum of 12800 oz per quarter to acheive 50000 for corporate year end.
The real question at hand, and one that has never been explained is why are the tonnes production per day so consistantly low? I thought they would be in the position of stockpiling by now.
Why talk about expanding the mill if you can't even acheive 75% production?
A stockpile for days when POG is higher might help ease the money flow tensions.