I am hoping for a 20-25% increase in production in the June quarter as compared to March. This is based on:
- 10% increase in ore volume stacked on leach pads
- 15% increase in head grade of ore stacked
- better leaching dynamics due to warmer, drier weather now that its well into spring
If I am correct, and gold stays at above $310, I think BSG will threaten 20c. If the Gergian operation achieves closer to 28-30,000 oz, 20c should be easily breached, all other things equal.
angus
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