RE:NEWS 2018 Production UpdateWHAT A JOKE!!!!!!!! Revised reserves were originally promised for Q3/ Q4 2018. Then it was early in 2019. Now its March or April 2019. Does anyone really think these numbers wiill be half acceptable ??? Now all of a sudden , the great grade control fiasco cant provide the necessary improvements and a fundamental change to the mining method is being evaluated???? Gimme a break!!!
Ounces produced still less than 100k per quarter. They obviously cranked up mill tonnage in the last 10 days of the month, and even then could do no better than Q3 . I stll cant prove it , but I believe Cleopatra was going thru the mill in Q4 . If so there must be some real serious waste going thru the mill as well. Heads have role if theres going to be any improvements here. I was wrong.... I thought Q4 might be the one where the corner was turned.
Cash flow looks unchanged untill Q$ 4 2019....... may even be worse by mid year due to interest payments and construction costs. Absolutely zero comparison here with KL.