Here are Ate’s comments on the recent “production figures” ![]()
Last Thursday, Endomines released its January-March operational update. Production in the first quarter was 4,955 ounces (154.1 kg), which was roughly in line with our forecast of 4,805 ounces. Production increased by 10% compared to the reference period and by 31% compared to the previous quarter. The release does not cause significant changes to our forecasts, which we will review before the company’s first-quarter interim report.