OTCPK:SPVEF - Post by User
Comment by
idlefreebirdon May 25, 2018 8:09am
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Post# 28079584
RE:RE:From CEO.CA
RE:RE:From CEO.CAGeorge98 as you mention it is expensive now as most of the gains have been had from us that bought between $1.00 - $1.45 ... now the gain that's left is some growth to $2.25 and M&A over $3.00 mark... but nice to sleep at night knowing that your in good hands as management is growing this puppy and keeping it stable....
Points from conference call....
Meeting AISC
Production above name plate capacity 6100 tpd instead of 5550 tpd
Growth from existing pit and all others
Strip ratio from 2.3 to .67
1.3 million tons in stockpile as I type
230,000 tons higher grade and 1.000,000 tons at .50 gpt as a mix to get 1.44
2,000,000,000 tons of ore expected at year end as a stockpile (huge)
22,000 ounces for Q2 is 7,333 ounces a month
230,000 tons of high grade is 41 days of run time without dilution
They need a bigger mill lol... gltal p.s. mushroom Maryse new position is just an add on no big deal... lol more options for her ,but well deserving of it...