Yeah, definitely normal to stockpile mostly lower grade material on the ROM and feed the higher grade as it comes. So every time there is a disruption to mining due to wet conditions, the deficit will be met with lower grade material.
So I agree, the grade not likely to improve through Q 2 and probably Q3 also.
Even if we assume a poor 150 K oz for the full year 2024, at these prices, still making good money. Need to see the AISC in the quarterly to know how close to forecast this will be. Whether the grade is likely to improve during the mine life is an open question now.
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- Ann: Tietto Delivers Record Quarterly Gold Production of 37,111oz
Ann: Tietto Delivers Record Quarterly Gold Production of 37,111oz, page-87
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