Gold price, page-13624

This is a graph of the ore mined v. the ore milled going back to when the mine started. As you can see the only Qtrs when ore mined exceeded ore milled was Q4 in each of the last 4 years. In EVERY other qtr insufficient ore was mined to meet the capacity of the mill....... The company is then reliant on very low grade stock piles to supplement the shortfall.......Production goes down costs go up.

Monkey Hill is all oxide, the mill upgrade is not necessary to process the ore.....So to increase gold production all they need to do is deliver more ore to the mill........They cannot manage to do this. The finishing of the mill upgrade will not solve the company's problems, the misplaced focus just gives them a little more time to hope the gold price goes up.