new ann, page-17

mightn't have any stock but i've followed this one for a long time, not sure why those calculations are relevant given it is in ramp up phase, that involves testing of certain items of the production cycle/mill etc.....it certainly wont be a steady production, it will be up, then zero, then up again....all part of the testing ramp up process, problems will be encountered that need fixing etc...
It wont be steady state production, so the sums are irrelevant...even still, you havent factored in recoveries which are a major factor especially in ramp up phase.
Suggest you do some homework, zero stock doesnt mean zero knowledge, or obviously in this case, vice versa