I got the below response from the company secretary when I questioned the grade:
"Most of the high grade ore at Greenfields are yet to be mined. We will most likely get into higher grade zones from August to end of pit life."
If the grade is 1.2 g/t then the gold production will increase by 50% ($36 million revenue per quarter). It the grade is 1.5 g/t and the gold production will increase almost 90% ($45 million revenue). It seems very viable.
Ann: June 2024 Quarterly Activities Report, page-20
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