RE:RE:Thoughts on Q2 results??RocksandStuff wrote: Only 29k ounces produced so far from Mercedes vs 44k this time last year. That is worrisome, who is running the show down there? There’s also this “Co-product cash costs(1) were $1,161 and AISC(1) were $1,325 per ounce of gold sold with production and costs being impacted by differences in the orebody geometries as compared to the original models in the new ore zones at Diluvio and Rey de Oro. This led to additional delineation drilling and required adjustments to stope designs, resulting in lower mined grades from the processing of development ore and less stope ore during the transition period.”
Sounds like whoever was doing the modeling had a big screw up! Hope someone is held responsible.
You are Kind of dumb eh? Repeatedly into press releases they said the production will be weighted more on the second half of the year. And they increased the ounces in the guidance so expect big Q3 and Q4. Just a buying opportunity these last few weeks in my opinion