OTCPK:MEAOD - Post by User
Post by
JRaffleson Mar 02, 2013 1:37pm
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Post# 21067522
60k ounce by 2nd week April
60k ounce by 2nd week April June has been management's target to reach full production of 60k ounces annual production (1153 ounces per week). However.....
The 917 ounce announcement for a week's production was a 49 ounce increase on the previous week's gold pour. Therefore, at circa 50 ounce increase per week on week, it wll take 5 weeks to exceed the 60k ounce annual gold pour rate.
Therefore, the full 60k ounce annual rate of production could be early April - assuming 52 wks production
Could it be that Metanor is targeting high grade - if so it is possible that the June Feasibility may project output of ........... ounces.