GREY:PTQMF - Post by User
Post by
EliTeTradRon Oct 30, 2011 3:10pm
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Post# 19193759
Corporate Presentation :
Corporate Presentation :Please excuse me if any of these statements from the presentation have been mentioned here before. There are some things I'd like to point out to anyone interested.
**Heap leach has been added to production in September of this year**
**Gold sales for Q1 FY 2012 were at 18,014, 26.3 million in gold sales. Up 5.5 million from last quarter and cash on hand increased by 2.2 million to 14.1 million**
**Projecting to produce between 22K - 25K oz of gold for Q2 2012**
**FY 2012 is projecting to produce between 95K - 105K oz. So technically with a few consistent quarters of production, we can establish credibility as a 100K oz producer**
There you have it. A few points I believe readers on this board (and more) should be aware of. This is the cake itself and mention of PDI spin out in progress along with contracts with Inmet is the sweet icing.
The presentation may be downloaded at,
https://www.petaquilla.com/news/pdf/corp_pre_2011-ltd-oct28.pdf
These next few months should be interesting as we are now gaining coverage, and finally seeing production increasing through the heap leach on Q2 FY 2012 as well as some PR's (hopefully) on PDI spin-out / contracts and any info or proceedings in Spain.