Value,
Minco produzieren so 5 Mille oz und das relativ günstig.
Aber mit den gewinnen haben sie auch so ihre Probleme, oder irre ich mich??
Du hast überhaupt ein Spitzendepot. Gratuliere!
@silbernugget,
schönes Depot beim Contest!
Deine favoriten hab ich auch durchwegs....
ein paar werden schon durchkommen.
BGL hätt ich nie so tief erwartet, hoffentlich machen sie das Gap nicht zu!
Wär nimma lustig.....
Sauberer Bericht von Gammon:
man sollte in dem Bericht auch die links aufmachen.
Der Patient ist auf dem Weg zur genesung....
http://biz.yahoo.com/prnews/071217/mo441.html?.v=5
Teilauszug:
Gammon Gold Releases Ocampo Key Operational Indicators for October and November 2007
Monday December 17, 9:05 am ET
TSX: GAM / AMEX: GRS / BSX: GL7
Gammon Gold reports improvements on several Ocampo Key Operational Indicators in October and November as well as a greater than 30% reduction in Ocampo's Total Cash Costs per ounce from Q3 and positive operating cash flow in November.
HALIFAX, Dec. 17 /PRNewswire/ - Gammon Gold Inc. ("Gammon Gold") (TSX:GAM and AMEX:GRS): Gammon Gold is pleased to advise that the turnaround at its Ocampo mine seen during October is continuing and the company feels comfortable in advising that results should remain in line with the Q4 guidance of an increase of 10% to 15% in gold equivalent ounce (Au (eq)) production at Ocampo. Importantly, Ocampo had positive operating cash flow in November of $11.4 million and combined October and November operating cash flow of $3.27 million.
Production at Ocampo continues to increase with October and November production of 12,751 ounces of gold and 494,988 ounces of silver for a gold equivalent production of 21,794 ounces. A total of 12,253 ounces of gold and 475,151 ounces of silver were sold during the two months or 20,943 gold equivalent ounces. During October and November, the company realized an average gold price of $792.56/oz and an average silver price of $14.49/oz. Total cash costs in October and November decreased by $276 (34%) from Q3 to an average of $546 per ounce Au (eq) in October and November, prior to recording of any potential quarter end adjustments occurring in the normal course of events. Capital costs over the two months were in line with internal expansion capital projections at $13.2 million. Operating cash flow for November was $11.4 million driven by positive earnings and strong management of working capital.
Average Monthly Gold & Silver (Au eq) Production vs Total Cash Costs per
Ounce
(http://files.newswire.ca/258/G1.doc)
Ounces per 200 hours (Man Mth) Worked
(http://files.newswire.ca/258/2.doc)
The Company (inclusive of Gammon Gold's El Cubo mine) remains on target to produce from 51,500 to 54,000 gold equivalent ounces during Q4 at a total cash cost from $580/oz to $600/oz gold equivalent. Total capital expenditures at Ocampo and El Cubo is anticipated to range from $9.0 to $11.0 million in December for a total capital forecast for 2007 of approximately $80 million. As of December 1, the Company has drawn $25.2 million of its $60 million revolving facility. As the Company is presently operating cash flow positive, the revolving facility is expected to be only used to fund a portion of 2008 capital expenditures.
Mr. Glenn Hynes, CFO of Gammon Gold stated, "We are pleased with the results of our strategy to accelerate IVA (Mexico Value Added Tax) recoveries which have decreased by over $13 million in Q4 from a high of approximately $20 million. It is expected that another $2.4 million will be received in late December. Additionally, I am encouraged by the operational improvements gaining traction at Ocampo as this has positively impacted cash flows, particularly in November. The Company will aggressively manage expenditures in the months ahead in order to optimize liquidity during this turnaround period."
Rene Marion, CEO of Gammon Gold stated, "I am encouraged to see how the operating team has focused on quality production in the past few months, starting a hard fought turn-around at Ocampo. The 25% reduction in underground dilution, continued strengthening of key operational indicators such as daily mill tonnage, recovery, equipment availability and strong open pit production all contributed to the improved performance in November." Mr. Marion went on to say "The open pit continues to perform well. In October and November 10-15% of the ore mined in the pit went as mill feed, representing 35% of the contained metal from the pit. It is anticipated that with the planned mill expansion, the percentage of ounces from the Open Pit will increase. These results continue to demonstrate that the Ocampo operation is starting to gain traction in the turnaround."
Mr. Marion went on to say, "As we look to Q1, 2008, I would like to highlight the following guidance targeted for El Cubo and Ocampo:"
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Q1 2008 Forecasted Highlights Ocampo & El Cubo
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Production (oz Au (eq)) From 56,000 to 62,000
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Total Cash Costs In line with Q4 2007
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Expansion and Sustaining Capital $16-20 Million
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"Based on these projections, the Company is satisfied that it has access to sufficient liquidity to fully execute its growth strategy through this turnaround period. I am confident that with the new management team on board, the exceptional ore bodies we have and the support of our Board of Directors, we will meet or exceed these indicators."