ktrianta,
You may well be right - the acid test will be just what level of production they have reached and what guidance they give as to Q3 and Q4.
At oxide grade of 1.87g/t & recovery of 87%, target production/qtr should be c. 33koz.
Therefore:
50% of target = 16.5koz
60% of target = 19.8koz
70% of target = 23.1koz
Although they may still have blended some higher grade ore to expedite hedge pay-down. We should soon know!
gold hits 960, page-8
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