Ann: Update on Financing and Production, page-28

The refinancing aspects sound like a major achievement but there's obviously a great deal about recoveries they are not telling us.

Cyber
I figure about Au 765 oz and Ag about 6324 oz. Ag 6,324 oz divided by 74 gives 85 Au oz equiv. The 74 comes from dividing the gold hedge price of $1,283 by the silver price of $17.30. So Au 765 oz plus 85 Au equivalent gives the total of Au 850 oz.

To achieve such low production I have throughput back to 80% and recovery @ only 51.5%

I only hope they have made an incredible blunder in the way they have stated that the silver credits are included because these pathetic outcomes are hard to believe. They had recovery at 54% at the end of September. It would seem to me they have made an error of some sort. Lets hope there is a correction tomorrow.