Bellevue Gold (ASX:BGL) said it is not in a position to announce its updated fiscal 2025 production guidance within the timeframe mentioned in the request for the voluntary suspension, set for the opening of trade on Friday, according to a same-day filing with the Australian bourse.
The company expects a potential downward adjustment to its guidance due to lower gold production in the March quarter, with three stopes mined on the ore body's edges underperforming compared to the reserve, the filing said.
The company said it cannot provide updates until the revised production guidance is disclosed, as any such disclosure could potentially create a false or disorderly market in its securities, per the filing.
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