RE:RE:RE:104.8M pounds vs 101.3 pounds in quarter 2Right you are Firecracker............and while some may choose to focus on the slightly reduced head grades in Q3 for the two new African mines, it is important to look at the bigger picture going forward. The lower head grades in Q3 are really a bit of a red herring, because 2/3 of that Q3 production goes to reduce the purchase price anyway. So even if they had a blow out Q3, only one month's production would hit TV's P&L. The other two quarters' production impacts the final purchase price, and nobody is too concerned about whether that is plus or minus a few million.
However, what the above does means is that the 2 new mines have resumed the higher grades in Q4, as per the news release, and THAT will show up directly in TV's quarterly production numbers and financial results for Q4 and into 2018. This is exactly what we want. Bring on Q4 .....Higher grades, higher production and higher grades.
Abosultely beautiful Baby!!