Post by
idlefreebird on Oct 06, 2014 7:58pm
Guy's and Girls here it is on a nutshell
Lakeshore guidance for this year was based on a 3,000 tpd production # , with grades at 4.6 to 5 gpt.Therefore when you do the math 3,000 tpd at 4.6 gpt gives you 161,961 onces low end of guidance and 3,000 tpd at 5 gpt gives you 176,000 onces witch would be the high end of guidance.Therefore as you see there are many different equasions that can happen as Lakeshore has put through tonnages way above expectations as Tony mention in last conference he expect grades to be between 4.6 and 5 gpt but throughput this year should avg. 3,300 tpd or 1,200,000 tones.For your own entertainement do the math with the grades and voila u see good numbers that were promissed at the start of the year and the high end would be 193,649 onces at 3,300 tpd @ RBC don't know what they are talking about as Lakeshore tonnages will only increase from here and sooner than later you will see the mill humming at 5,500 tpd as Tony 's conferences are indicating higher tonnages on the horizon.GLTAL be strong and stay long.