what are your thoughts, page-6

"If you use 2000 TPD your looking at roughly 20400 ounces for the quarter based off 5grams a tonne gold which is a strong quarter considering the downtime in Jan with the weather."

Chris, haven't you already allowed for the wet weather days in your 73 days in the qtr? The March qtr would be 92 days so you have already allowed for 19 days of down time.
Therefore for the remaining days, why wouldn't you use the actual expected mill rate? You don't need to drop the average to allow for down time if you have already allowed for that down time in your 73 day assumption.
You should use the actual mill rate being achieved (on average) on the days the mill is running.
That is why I think 2000tpd is conservative if already allowing for down time in the number of days used in the calculation (at 73).
If using 92 days in the qtr then I would understand you bringing the average rate down to 2000tpd or maybe even a little less.

I think the rate will average at least 2100tpd for days the mill is operating this qtr and I think the 73 days (19 days down time) might itself be conservative.

In the meantime the sp is now at the mercy of short term traders selling.
It's difficult to understand how willing these traders are to sell down at 2.04 with the POG comfortably above 1300 and yet they might have been buying at 2.06-2.10 when the POG had not yet broken resistance of 1275-1280.

No doubt the selling is sector related rather than based on fundamentals for MML.