GREY:VITFF - Post by User
Comment by
givemeabreak1on Oct 05, 2022 11:51pm
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Post# 35008460
RE:RE:RE:RE:RE:q3
RE:RE:RE:RE:RE:q3I believe in looking at things from a conservative perspective when investing. I definately prefer the company err on the lower end as that is how I would look at it. Unlike Great Day, I would be even more convertive. The company says downtime estimate 3 weeks. So what exactly does that mean? Ideally 3 weeks everything is finished they hit the black button and everything works perfectly! Unfortunately, it often takes another few days to a week to tweek everything. So from an investment planning perspective I would run the down time number closer to the 4 week so I would expect that 4rth quarter number to be 35 to 40 K ounces anything over that is a bonus!
Having said that, the more immediate problem is how does the 3rd quarter operational issues translate into their 3rd quarter financials?