2908 oz produced in March - that is very nice, seeing as their forecast for the June qtr is 7000oz which is ~ 2333oz per month
These guys are very conservative in their forecasts.
7000 oz for June qtr will be receipts of $15.6m, or around $8.6m in profit going at $1000 AISC if you use their average of $2234 / oz for March
If they keep the 2,908 production average and gold averages at 2,275 you can add another $4m on top of that $15.6m
Current financials are $15.4m cash on hand + 1,767 oz gold
Ann: Jaurdi Gold Project March Production Update, page-5
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