Sprott has revised their production forecast for CY20 and CY21 down.
CY20 is now forecast to be 122koz. Given we had Q2 production 33koz and Richard expected a 50% increase in Q3 (say 50koz), + an extra 7koz was poured Q1, why would sprott only be expecting 32koz in Q4, given we were doing more than that Q2 with oxide only? Richard said 70-80koz per quarter from Q4, so I would be expecting 160koz for CY20.
CY21 is now forecast to be 240koz. Again Richards comments would make me think that at least 280koz is expect CY21.
Sprott has suggested that Covid has limited expats skilled in UG mining from operating on site so expect a slower ramp up on the UG ore.
Sprott Report 30/9/2020
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