Bdell - My apologies but I think that you are wrong. There is a...

Bdell - My apologies but I think that you are wrong. There is a far simpler way of looking at this issue. The week ending 18/9 was an absolute cluster f*&k - that is a given. The week ending 25/9 is also suspicious given that we don't know when the problem was resolved - though resolved it was as we can see when we look at the following week. We now have to make one assumption (my apologies to Sivart) and that is that the production for week ending 18/9 would have been roughly the same as for the previous week ending 11/9 - approx 725oz. For the sake of argument let us just say that it would have been 750oz as they moved to 100tons per hour for some of it. Now, just subtract the lost production of 150oz from the achieved numbers of 1100oz for week ending 2/10 and you arrive at 950oz per week. This is a real number and not an artificially lowered figure produced for the purposes of renegotiating a banking deal in which the company wanted to cry poor anyway.

We are all clearly very keen to work out how effective the plant was at Dore recovery after being ramped up to 100% throughput capacity - that is the number that we haven't been given - to state the bleeding obvious! Using my number of 950oz a week we can therefore see that a 25% increase in throughput (from 80% to 100%) has led to an approximate increase in production of 25% as well.

850oz a week is only possible if the plant has met up with a catastrophic recovery issue that the company would have told us about in the document released on 10/10 - Highly unlikely in my opinion.

Bottom line is that the company is generating far more gross revenues than they are currently suggesting - $1218000 per week according to my figures.

My Lord, I rest my case!