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OhManIDied

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OhManIDied

Re: None

Tuesday, 07/14/2015 12:06:25 PM

Tuesday, July 14, 2015 12:06:25 PM

Post# of 63744
Increasing guidance is nice but I think management is being conservative... making the stock price even more undervalued than we already know.

For instance, Twangiza produced 70K+ ounces of gold in 1H2015 -- due to operating at 101% of design capacity (despite the "wet season" in 1Q2015). This prompted management to increase the whole-year guidance to 115K-125K ounces.... a nice new target but I believe they will meet and surpass it by year's-end. Should give us a nice extra boost when the time comes.

Similar targets were made for Namoya, and subsequently, total production guidance is 175K-195K.. I suspect 210K+ will be feasible.

BAA

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