SEEMS TIME TO GIVE UP, page-374

I'm not sure about your methodology Greeny but its fundamentally flawed.

Lets look it it another way.
Last Qtr they produced 21,400oz at $1,874/oz = $40.1M AISC
This Qtr you are predicting 27,120oz at $1,063/oz = $28.8M AISC

So this quarter you are forecasting total AISC to reduce by 28%. How can you possibly justify this? Do you honestly believe that operations will cost 28% less this quarter than last.
If anything I would expect the total costs may increase even if the rate per oz drops.
If you assume the total cost stays the same the AISC will be $1,479/oz which seem a far more reasonable estimate.