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Bullboard - Stock Discussion Forum TVI Pacific Inc. V.TVI

Alternate Symbol(s):  TVIPF

TVI Pacific Inc is a Canadian company focused on the acquisition of resource projects in the Asia Pacific. Through its investment in TVIRD (Philippines), TVI has an interest in the operating mines Balabag (gold/silver) and Agata (nickel laterite), Siana (gold, preparing to restart) and the Mabilo project (copper, through Mt.Labo Exploration Development Corporation). TVI is the owner and... see more

TSXV:TVI - Post Discussion

TVI Pacific Inc. > Not sure if anyone read the latest MD&A, re Balabag project
View:
Post by rockingrooster on Aug 24, 2023 4:54pm

Not sure if anyone read the latest MD&A, re Balabag project

Note; July,2023 shipped # 3,194 GEO (approx 800 per shipmentt) this would yield over  $ 6,000,000
The first shipment of gold dor from TVIRD’s 100%-owned Balabag Gold-Silver mine (“Balabag”) was completed on September 30, 2021, and through to June 30, 2023, fifty-eight (58) shipments had been completed in the amount of 44,056 kg dor containing 58,243 ounces of gold (“Au”) and 1,311,770 ounces of silver (“Ag”) for 73,234 gold equivalent ounces (“AuEq oz”). A further four (4) shipments have been completed since June 30, 2023 and through to July 31, 2023, bringing the total number of shipments since completion of the first shipment on September 30, 2021 to 62 shipments in the amount of 76,428 AuEq oz. Plant throughput in July 2023 averaged 2,088 tonnes per day (“tpd”) and 2,304 tpd for the seven months ended July 31, 2023.
Comment by Bloojay1111 on Sep 01, 2023 2:19pm
Hi Rooster looking at Tonnes Per Day for Balabag was only around 2000 for the month of July. Prior to July TVI was averaging about 3000 TPD.  Not sure why but it may be due to the rainy season in the Philippines Here's hoping the get back on track for the rest of the year.  Cheers Bloojay
Comment by rockingrooster on Sep 01, 2023 2:50pm
Hey Bloojay, your numbers are a bit off."Plant throughput in July 2023 averaged 2,088 tonnes per day (“tpd”) and 2,304 tpd for the seven months ended July 31, 2023" Of note is that Plant Availabilty was only 76 % for July and 87 % for the first 7 months.The numbers make sense.Good luck to you.
Comment by Bloojay1111 on Sep 03, 2023 5:22pm
Hey Rooster Herea the last update from May As noted, plant throughput continues to improve to an average of 2,797 tpd for April 2023 as compared to a name plate design capacity of 2,000 tpd. A maximum daily throughput of greater than 3,500 tpd has been achieved and the plan is to be able to produce an average of 3,500 tpd on a continuous basis.  Cheers Bloojay   ...more  
Comment by stever50 on Sep 03, 2023 5:58pm
Things are really coming together finally after 15 years 
Comment by rockingrooster on Sep 04, 2023 10:01am
Bloojay, we are both correct,just refering to different information available from TVI. Plant throughput in May 2023 averaged 1,861 tonnes per day (“tpd”) and 2,264 tpd for the five months ended May 31, 2023. This is from 1st quarter MD& A. You are referring to the NR released by TVI on May 9,2023. Looks like they have have had one day when they processed 3500 tpd. I am more inclined to look ...more  
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