Q2 2024 is out
They basically got 800+oz less out of the ground and sold 800+oz less than last quarter. Still, they turned it into a net income of 1.9M. Almost 0.01/shr. this quarter.
BIG NEWS: Gold from the expanded throughput will be Q4 )early June).This is in line with guidance from the company.
Cost of product is still low $800 to $900 per ounce which is awesome for cash flow and profitability.
The only thing I'm surprised about is the fact exploration is pushed further back to Q4 instead of Q2. Not a big deal since production is what is ging to drive exploration. Getting 2000+ tpd of ore started is more important.
My hope is that Q4 will give us 7500 to 8000+oz of gold production and this number I hope will grow to 10,000oz per quarter.