june qtr cost estimate, page-6

Juk, are you referring to the processing plant and differences between gold poured and gold-in-circuit? You posted this a few weeks back:

"1) In the past these types of plants have taken a long time to find their feet, Beaconsfield went into administration, Perseverance nearly went under, Jinfeng wasn't achieving design nine months after startup.

2) Apex has probably overstated it's production by using a definition that may include previously produced gold.

3) If the overstated production is true then production must reduce as previously produced gold is exhausted, unless other efficiencies can make up the difference, refer to point (1)."

Rowingboat.