RE:RE:41982 Ozs Produced and only 36601 Sold! That's 5381 Ozs!!!Ok. If that is the case HB..., I think that would still leave over 3000 oz's or about 6.5 million in unreported sales for the quarter due to timing of selling which was mentioned in the earnings. That still gives another .10 cents in ADDITIONAL earnings that should have been recorded for the quarter if someone sold the gold on time plus your calcualation on debt payment! To me the quarter really didn't look too bad and they just flubbed the delivery! lol.
During the three months ended December 31, 2023, the Eagle Gold Mine produced 41,982 ozs of gold, compared to the 43,741 ozs of gold production in Q4 2022. The 4% decrease in gold production is attributed to interruptions to stacking related to evacuations for wildfires in the months of July and August. During the year ended December 31, 2023, the Eagle Gold Mine produced 166,730 ounces of gold, compared to the 150,182 ozs of gold production in Q4 2022. The 11% increase in gold production is attributed to year-round stacking and improved heap leach pad performance during 2023.
During the three months ended December 31, 2023, the Company sold 36,601 ozs of gold, compared to the 40,573 ozs of gold sold in Q4 2022. The 10% decrease in gold sold is the result of decreased gold production as a result of wildfire impacts and timing of gold shipments. During the year ended December 31, 2023, the Company sold 160,135 ounces of gold, compared to the 139,596 gold ozs sold in the prior comparable period. The 15% increase in gold sold is the result of higher gold production.
Just my opinion. Good luck to all.