RE: 2007 AUQ objectives vs 2007 NEWCOwell only 50% of the 20,000 to 30,000 ounces would be AUQ's share. So that means MGM adds 20,000 to 25,000 ounces to the production. MGM already has 1 million ounces measured or indicated and AUQ is the one who has to add to its NI 43 101 resource estimates.
Someone mentioned a financing. Where did they get this info? I have not seen anything regarding this. I would assume that the proceeds from the current production at El Sastre would be used to pay down the MGM debt and complete the mine. That is of course just an assumption and I could be terribly wrong.