Well I'm disappoointedI got my pre March 9th press release but there was precious little new iinformation that wasnt already in the public domain.... certainly nothing to support the SP, altho POG didnt help either.
THe acknowledgement that dilution has been running 10-12%, compared to planned 7% was interesting, but I would be the last personn to criticize those numbers. What is equally interesting is the planned reduction in the binders in the paste fill. Altho this has obvious short term financial benefits , it may cause an increase in dilution within the secondary stopes, in effect cancelling out short term benefits
Management now has an additional four months operational statistics since Q4 results........ surely there has to exist something positive that could have been put out there , rather than essential fregurgitation of the benefits of 3800 tpd , and exploration targets. I cant see March 9th numbers providing ant real surprises, so what will it take to get the market interested again??