Q2 Production GuessesThis board was much more active and interesting at $3 than $6. Generally speaking, hovering just below 3-year highs generates excitement and active board participation. In an effort to see if anyone out there is alive and kicking, how about some guesses as to the Q2 production numbers that should be released by the end of next week.
Q1 production was 50,800 ounces. The lower number caused by planned maintenance and lower grades. They did reaffirm 2024 production range of 220,000 - 240,000 ounces. That means the average of the final 3 quarters has is between 56,400 and 63,100 ounces.
My guess is they did 54,500 in Q2, which should be supportive of the stock price. Anything over 56,000 ounces in Q2 should send the stock up.