time to do a buy back, page-22

the price of production was high because what they were a few 4000 ounces short of the mark because of the tonnage.If there processing 10gr per tonne now i predict production should be well under 1000an ounce next quarter.Have a look below they have been averaging grade of 5.1 for this year

2013 Qtr 2013 Qtr 2013/14
Henty Gold Mine
Ore mined (t) 59,072 63,809 122,881
Ore processed (t) 58,557 63,576 122,133
Grade (g/t gold) 4.1 6.0 5.1
Recovery (%) 92.5 93.9 93.4
Gold produced (oz) 7227 11,607 18,834
Cash cost - pre royalty (A$/oz) 1464 1021 1191
Cash cost - incl. royalty (A$/oz) 1498 1065 1231
All-in Sustaining Cost (A$/oz) 1835 1335 1527
Cash cost - incl. royalty (A$/t) 185 194 190



The resultant loss of tonnage impacted on
October production and also had a heavy impact on subsequent months