RE: more Orvana news Nice find! although its in spanish lol... but translate works, sorta... enough to understand the gist of it.
I cruched some numbers, if the 3000 ton/day is correct info. Using a faily low 2.5g/ton gold grade. (they're at around 2.9g/ton last Q if I remember correctly?
Does anyone know if they operate the mine 5 days a week or 7 days a week?
But anyways, you get roughly 3000ton x 2.5g = 7500g / 31.1 g/oz = 241oz / day gold production.
So if they operate 22 days a month, that's 241 x 22 = 5305oz
If they operate full month that's 241 x 30 (or 31 days) = 7230oz or 7471oz per month.
If we calculate using 2.95g/ton grade as from Q4, you get around 284.6oz/day. That works out to a bit over 8,500oz /month if you use 30days of production.
But that seems mighty high compared to last Q's #'s and compared to their production guidance for next year.