RE: RE: That is More Like It I think you made the mistake of adding the Oxide production (620oz gold) on to the TOTAL production (1317oz).
You should only annualize the total production which is
LPF-oxide + Flotation/transition = total
620oz gold + 697oz = 1317oz for month of april.
Annualize that, you get:
1317 x 12 = 15,804oz/year gold from UMZ.
They did say that they plan to run transition ore for next 2 months since it gives much higher PM production. Looking at the numbers, in Apr. Floatation/transition production in 10days was 697oz gold compared to 620oz gold production using LPF-oxide in 18 days.
So if they did transition ore all month long, you'd get something around 2,000oz gold production per month, so that's around 24,000 oz per year annually. But they said they're only doing 100% transition ore for next 2 months. But still increase in production nonetheless. =)