Trans Hex Group Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Production Guidance for the Financial Year 2019
Production for the 2019 financial year is expected to be in the order of 140,000 carats, compared to 2018 financial year actual production of 173,920 carats related to West Coast Resources operations. Production from the Shallow water operations for the 2019 financial year is expected to be in the order of 10,000 carats, compared to 2018 financial year actual production of 9,012 carats. Production results and geological work through drilling and bulk sampling indicate that carat production for the 2019 financial year is expected to be in the order of 133,000 carats, compared to 2018 financial year actual production of 136,402 carats.