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Bullboard - Stock Discussion Forum Karora Resources Inc T.KRR

Alternate Symbol(s):  KRRGF

Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company’s portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south... see more

TSX:KRR - Post Discussion

Karora Resources Inc > In Q3 zero ore came out of Beta Hunt from ranp #2
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Post by Farquar on Nov 29, 2023 9:57am

In Q3 zero ore came out of Beta Hunt from ranp #2

So, I was looking at the stats again from Q3 and it says that only 333 tons of ore came out of Beta Hunt in all of Q3.. All of that ore came through ramp #1 , which means zero tons of ore came out of ramp #2 !!

What's taking so long to get ore ramp #2 operational?  Krr just bought 2 underground trucks and one off-loader , is this what they've been waiting for to finally use the ramp?

Why doesn't Huet explain these things to shareholders?

Can ramp #2 handle the same amount of ore as ramp#1 can? If yes , we are talking 1.2 million tons of ore x 2.6g/t net = 100,361 ounces of extra gold produced on top of the 100,000 ounces already produced from ramp#1...

So again, why are they saying production guidance  for 2024 is still 170k to 190 k , when it is clear that the production from Beta Hunt alone can possibly hit 200k in 2024 ?

So, is ramp #2 not going to be used for several months in 2024 and this is why their guidance for 2024 is still so low?

Everything is clear as mud....
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