Glad we're discussing this.
My starting point was only 90,000 ozs at 30june because I was deducting the 100% of Rand's bullion that is consolidated into Tribune. I wanted to look at Tribune on its own.
[To jump from my 90,000 to 96,000 @ 31dec, I added two quarters of EKJV production and deducted what was needed to fund the dividend (less dividend from Rand).]
However, my calcs are wrong because I didn't add/consolidate the 47% of Rand back in. I should also have added back the silver (easy at NRV), and also the more difficult gold in transit and ore stockpiles. It becomes too complex for me, especially due to the Rand component.
The Chairman and the auditors have it all on AB's spreadsheet, and we're left to try these calcs, and is why I made the comment that upset givebobajob.
I think we all welcome more input on this.
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