Post by
nozzpack on Oct 25, 2024 10:23am
Outlook for Q1
10,400 ounces were sold in Q4 of 2023-24.
Finished goods include 0.251 ounces of gold bullion held in the metal accounts (June 30, 2023: 0.251 ounces) and 6,531 ounces of gold concentrate held at Selinsing warehouse (June 30, 2023: 5,701 ounces).
So that's 6.9 million ounces in finished concentrate avaikable for sale at exit June 30.
Production in Q4 was 12,000 ounces.
If Production remains stable in Q1, we should do much better than 10,400 ounces sold in Q4.
With gold price higher in Q1, we could do close to $40 million cad in Q1..