So I expect the production rate to still be 1300/month at the moment .. as we still have the same number of stopes operating.
Maybe a small increase to about 1500 oz/month around March 2009... nothing much happening until then.
then for the month of June - I expect the production rate to reach 2,000 oz/month.
In the month of September it should reach 3,000 oz/month.
we should have positive cash flow at about 2,000 oz/month.. around June.
this is what CTO is expecting to achieve ..( I made a couple of phone calls to CTO recently and posted recently).
Hopefully we will enjoy a rising gold price in the meantime...
strong buying, page-12
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