RED 1.14% 44.5¢ red 5 limited

Ann: King of the Hills set for stronger March Quarter, page-47

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    By my reckoning I get between 200-240 thousand ounces.

    However, from the report Jan 24 page 11 we also have:

    Red is required to enter into additional forward contract for the March quarter of 70,000 ounces, which will be offset by 23,000 ounces due for delivery.
    Another 47, 000 ounces in the next two months ?.?.?
    Have I missed something here?
 
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