allenbow and PP Allenbow , I stand corrected. I should have used my calculator rather than mental arithmetic. There is indeed the potential for an additional 6-7% increase in monthly ounces based on the nameplate capacity. but I hope you realise my projections include a number of "estimated factors" in the range of 10-25%, so a 7% error could easily be absorbed within those factors. And again you are 100% corrrect there are lots of operations that would love a 0.25 ounce head grade, but typically they are older operations and do not have large CAPEX s to repay
PP, I never bought into Strathcona' estimating methodology , but conversely , there are valid reasons to query Snowdens methodology. Reserve calculation is not an exact science and investors need to keep a cynical eye on press eleases. check out RMX if you want some recent ugly truths.