Questions for management I have been investing in CRK for a year, although not all at last year's prices. Some information has been provided by the company, in volumes, other information is noticable by its absence. Others posting seem very knowledgable about the stock; perhaps they could fill in some info. Thanks
What is the forecast product for 2012; Is it 75,000 and 85,000 oz or is it 75,000 + the "expected production of approximately 155,000 - 175,000 ounces or about 200% from the new aquisition"?
What is the explanation for the increased cash cost per ton production from 2011 to Q1 2012 (from 1200 to 2000) [1], [2]; i) stockpiling for eventualities like washed out roads ii) dilution of ore iii) other costs increased?
If stockpiling, when will these eventualities stop happening?
if dilutiion of ore is this because of a) mine-estimated production grade to arrive at
the mill-reported feed grade b) low-grade material taken unintentionally during mining c) waste material so ingrained within the ore that physical separation is impractical or d) mining errors and when will this stop happening? [3]
if other costs increasing which why and what are projected costs.
[1] [https://www.crocgold.com/Theme/Crocodile/files/CRK_IR_Presentation_FEB%202012_v001_o6f97i.pdf
[2] https://www.crocgold.com/Theme/Crocodile/files/CRK%20Q1%20MDA_v001_u4kw81.pdf
[3] https://www.pincock.com/perspectives/Issue60-Dilution.pdf