GREY:NWMMF - Post by User
Post by
blackbaton Apr 11, 2012 9:55am
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Post# 19779842
Great News!!
Great News!! ...and we had to wait long time for it!
Tonnage and grade obviously was a bit lower in feb./march, and they sold 1450 Oz gold in january and 1325 Oz per month in february and march. Maybe they had some weeks where they had to mine lower grades and strip away the dirt.
But with the Jojoba coming in now as second source, mined ore should increase, and with some monthes delay also the recovered (and sold) gold. Good outlook finally! I hope the cash costs will decrease significantly during the next 1-2 quarters.