GREY:VITFF - Post by User
Comment by
MVargason Dec 30, 2023 7:44pm
113 Views
Post# 35805397
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Convertible Debt Presentation - German Gold Show
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Convertible Debt Presentation - German Gold Show
HB, don't you remember that the Q3 gold production numbers were distorted by the fact that about 8,000 ounces came from inventory. JM claimed that they were recovering 500 oz per day during the time the mine was shut down.
H1 production (from July 5 NR) was 83,188 oz from 4.6 million tonnes stacked at a grade of 0.81.
4,600,000 x 0.81 /31.1 = 119,807 contained ounces.
H1 Recovery = 83188/119807 = 69.4%
Believe what you want, I don't care as I no longer have any skin in the game.