Question-and-Answer Session
Operator
[Operator Instructions] Our first question is from Mike Nery from Nery Asset Management. [Ph] Please go ahead.
Unidentified Analyst
Couple of questions; in your guidance for Q4 of up 20,000 ounces, if I’m doing the math right, it defies the cash cost from that should be 1,200 to 1,250 bucks an ounce; is that correct?
Darren Prins - CFO
Our cash cost guidance for the Q4, at least by my information is around $1,100.
Unidentified Analyst
Because the total for the year looked higher than that. Alright. And then CapEx for Q4 in 2016, what are those numbers and then how much of it is Ana Paula?
Mark Backens - Interim CEO
CapEx bidding for Q4 will be basically nil. Ana Paula, spend in Ana Paula is subject to our further review of our financial conditions.
Unidentified Analyst
But in terms of CapEx to get -- you talk about operating cash flow of $21.5 million for next year. How much do we need to spend in order to produce that on the CapEx side?
Unidentified Company Representative
Hi, Mike. We’re still coming up with our 2016 CapEx budget but it is development, sustaining exploration CapEx is very limited next year.
Unidentified Analyst
And then in terms of San Francisco after 2016, can you help me understand, can we pull more cash out of the inventory if prices rise and what would prices have to do in order to get additional capital out of the mine?
Mark Backens - Interim CEO
The mine has been placed on care and maintenance, so there are resources remaining within the pit. So to restart the operation, we would need to see sustained gold prices north of 1,300.
Unidentified Analyst
But without restarting, we wrote down basically all of our inventory or nearly all of it, is there a sub $1,300 level at which we can get some cash back out or not?
Mark Backens - Interim CEO
Not really, no. We do have some efforts and plans to try to recover additional ounces through residual leaching of the heaps but we’ll have to wait and see the results of some of that work.
Unidentified Analyst
And then, my last question, in terms of Ana Paula, can you help me understand what -- is there anything that the write-offs we’ve taken so far due to the after tax scenario in Ana Paula, can we use some of these losses against that project or not?
Darren Prins - CFO
Yes, the impairment charges are accounting charges only, they are not available to take as a tax reduction. So, we can ‘t apply those to reducing taxes at Ana Paula in the future.
Operator
Thank you. And the following question is from Shane Nagle from National Bank Financial. Please go ahead.
Shane Nagle - National Bank Financial
Just a quick question guys, with your write-down of the inventory, what’s the -- I guess your best estimate for the number of ounces on the pad here that could be recovered as of Q3 ‘15?
Mark Backens - Interim CEO
What?
Shane Nagle - National Bank Financial
What’s left in the pad, I mean with the inventory to come out from now until next year?
Mark Backens - Interim CEO
Considering, continued mining and loading of the pad or just what is our recoverable inventory…?
Shane Nagle - National Bank Financial
Yes, what’s your best estimate for current recoverable inventory, assuming if you stop today putting any more material on the pad?
Darren Prins - CFO
Shane, it’s Darren here. We’ve get about 6,000 ounces of continued inventory.
Shane Nagle - National Bank Financial
And then with your estimates for next year, assuming this goes on care and maintenance, mid next year, those production estimates that you provided that assumes half a year of still loading the pad?
Mark Backens - Interim CEO
Yes, we will mine until June, July, August of next year and then do the leaching connects, obviously the pads will continue to produce gold into the first quarter of 2017.
Shane Nagle - National Bank Financial
Do you have a best estimate for what the care and maintenance costs at San Francisco would be, while this is -- while you’re continuing to develop with Ana Paula?
Mark Backens - Interim CEO
After we complete the leaching operations in 2017 and we’re on full care and maintenance, it’d be very low. It will be water management; site security; minimal staffing, so sub $500,000 a year something like that.
Operator
Thank you. We have no further questions. I’d like to turn meeting back over to Mr. Backens. Please go ahead, sir.
Mark Backens - Interim CEO
Well, thanks everyone for attending and listening to the call and your continued support. That’ll be all for now.
Operator
Thank you. The conference call has now ended. Please disconnect your line at this time. And we thank you for your participation.
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