GREY:RNKLF - Post by User
Post by
factRbeston Jan 19, 2018 9:28am
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Post# 27392784
Annualized production Rate
Annualized production RateFYI
This means if you take production from a certain period and extrapolate that number over a years period this is the number you will get.
It whould be noted that the period of time has not been specified. Therefore they could be basinb it on prodcution from Dec 31. Or a window of time that had good numbers. We don't know.
For investors
then the DD becomes what have they said before and what did they achieve.
For companies
Give real guidance like we expect to mine X amount of tons containing X amount of gold per ton in 2018.