RE:Grade in q3
CASH FLOW FROM PRODUCTION IN THIRD QURTER SHOULD BE ABOUT 81 M US$ (8,500+ 25,500+ 40,000 = 65,000 OZ). Subtracting the approx $500 / oz mining cost leaves about $49,000,000.00 in positive cash flow, not the $13,000,000.00 meantioned in your calc. Fourth quarter at 250,000 tons production would be expected to yield about 160,000,000 US $ in cash flow accord to my calc.
Regards