GREY:SWYDF - Post by User
Comment by
Eric35on Oct 10, 2017 1:31pm
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Post# 26795383
RE:RE:I EXPECT FOR Q3 .............
RE:RE:I EXPECT FOR Q3 .............Second Quarter ended June 30, 2017 Highlights Net income of $2.3 million or $Nil per share on a basic and fully diluted basis. Diamond sales of 350,159 carats were completed with proceeds of $40.9 million. Revenues during the quarter totalled $42.6 million Third Quarter Net income ??? Diamond sale 438,632 carats sold with proceeds of 51.6 million Revenues during the quarter totalled ????? Take your guess but we are up by 10.7 million from the last quarter $$$ I wondered where are the diamonds because it is not made a 1.69 million carats sold and they say nothing to keep surplus ????????????? From the beginning of ore processing at the Renard Mine in July 2016 to September 30, 2017, 1.83 million tonnes of ore have been delivered to the process plant resulting in the production of 1.69 million carats of diamonds at 92 cpht. This compares favourably with the March 2016 mine plan of 1.68 million tonnes and 1.50 million carats at 89 cpht (+10%, +13% and +4% respectively).