Post by
copperminer on Oct 05, 2023 3:53am
news release
Re Qtr4 / 2023 pro release, perhaps a clue, millions of lbs of copper ore missed shipment in Qtr3 account dock strike, now expected to move in Qtr4. That has to help.
Comment by
slewfoot2 on Oct 05, 2023 8:40am
thats gotta be a swoosh for the best management team in mining.... of all time.... all hail the stewrusty..... tko never sleeps.... swooosh
Comment by
JCSunsfan on Oct 05, 2023 10:48am
I think that was missed in Q2 and shipped in Q3.
Comment by
nofluff on Oct 05, 2023 11:24am
I will take miners side on this one:)) nf
Comment by
JCSunsfan on Oct 05, 2023 11:52am
Sure. You can do that if you like. I asked BB directly though.
Comment by
nofluff on Oct 05, 2023 11:57am
I think they had sales carryforward. But the report specifically said doc strikes held up 3 million pounds to b sold in q4. It dies not change production numbers but changes bottom line. No biggy. nf
Comment by
JCSunsfan on Oct 05, 2023 11:57am
Ah. Egg on my face. What he said was that third quarter production was 35 million pounds, third quarter sales was 32 million poinds. So the delay will not impact 4th quarter production numbers but will push off sales of three million pounds from the third quarter to the fourth quarter.