RE:RE:RE:FinancialsTo be fair, the MD&A is for Y2017 ending at the end of december 2017 it was release in April with the annual financial statement for Y2017.
So the 26 tpd or the below 30 tpd you are refering to is for that period, end of last year. It was stated in the March 28th 2018 release that
Cobra Oro’s operations in Honduras are running on schedule with daily throughput ranging between 60 to 90 tonnes per day, set apart occasional downtime which has been reduced substantially in recent weeks as the Company nears its current expansion program.
ggrellette wrote: Reading through the MD&A and the information recorded does not meet with what Jean stated in last update news release in which he stated the plant would be at 80 tonne by end of April which never materialized. Once again Jean has overstated and under delivered. This is why the market never moved higher it did not believe Jean and it was right. Presently we are not even at 30 tonne per day, nevermind 80 tonne. I guess the stock price has held up tremendously since, the numbers I saw in that MD&A were not that good. Probably the stock price should be between 6 and 9 cents at best. Furthermore the Concession has not been solidified with the locals so feed for the MILLL is an issue.