I assumed 25k Oz for the quarter which is middle of the road from their forecast. And if they don't have restriction on how much hedged gold they have to deliver this quarter then my assumption is very conservative and they may opt for larger portion to be sold on spot market and lesser to be delivered at hedged prices.
Assumption is production to be steady and no more surprises - I think they would be really silly to stuff up again but who knows.. time will tell. They had and still have all hands on deck to ensure production is smooth and early preparation for the Stage 1b to be in place. MOY does not plan to do any exploration until later in the quarter as they are making sure they don't have any production issues.
Any good news will have to come from production now. Drill bits news next quarter.
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I assumed 25k Oz for the quarter which is middle of the road...
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