WTF!, page-9

It depends on the month they get into production. My expectation is they will put first ore in Jerritt in May and ramp up from there. The mode I have seen on the initial 601 pit has them mining about 20000oz from the starter pit then going underground in a decline. So I'd use that as a guideline for 2017. As far as I know the $850 cost still stands though they are negotiating with jerritt and we could see some sort of deal done on a JV basis. Nothing solid yet. Use the us$850 for now.

Given there is minimal Capex no debt and no hedging we could see cash flow hit the bottom line within a few months from may.

It's one of my favourite gold situations at present. Just a matter of time before the big boys pick it up