NR here. Chart here:
Gold production and sales came to 24,155 oz, which doesn’t get close to the rate the company is guiding for in 2015 (115k to 125k oz Au). They keep this up and they won’t even break 100k.
As for revenues, with the realized gold price they announced ($1,221/oz) revs won’t even break $30m this quarter, that’s the lowest quarterly total since 2011.
And of course, TMM being a bunch of disrespectful sophists couldn’t help but give it a BS treatment and miserable whining excuses as to the poor quarter. Arthur Bonillas told us, “Production this quarter was lower than expected due to slightly lower grades than anticipated” when if you look at the trend, it’s been patently obvious for quite a while that TMM is in grade trouble.