EXPM:HRTFF - Post by User
Comment by
Mistyblueon Jan 07, 2021 12:00pm
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Post# 32242483
RE:RE:RE:RE:RE:RE:Slow and steady
RE:RE:RE:RE:RE:RE:Slow and steadyEveryone should read the PDF release as there are statements and decisions made by the CEO Bourchier which in my opinion suggest a smoke and mirrows element in this report. One cannot arbitrairily cut out Q2 results because of CVD etc - this is nothing more than a business associated operating problem and funds were expended which IMO have to be included in the yearly operating results..
Consequently, as there are still 366 operating days in 2020 when one recalculates the production results (minus Q2) the quarterly production rates drop drastically to an average tpd of 367.1 and quarterly production to approximately 33000 tonnes.. Including Q2 will reduce the quarterly production tonnage for the year and therefore reflect a more accurate and realistic mining operation. One would also assume that any gold produced in Q2 would be included in the annual gold sales??
Keep things upfront and this operation will reach the projected milestones.. JMO