Lets use LOGIC! Crazy idea - please explainHere is some basic math:
RC - Q4 23 Mil Cu, and 13K Au - guidance is 72-77 mil for 2018
MP - Q4 4 Mil Cu, and 10K Au - guidance is 17-19 mil for 2018 (?)
Guidance total for 2018 is 89 to 96 mil. TOTAL!
Here is where I get fuzzy. If RC is running at 95% and can pull 23mil (unless they carried over some loads from Q3 and fudged the books) you can safely assume that 23*4 is around 92 mil Cu. Now 23 mil is optimum at 95%. However, for f sakes maybe its time to go optimal. How are they giving us guidance of 72 (??) That is like one would assume that RC will be down for a full Quarter....
If MP is currently going on stashed low grad - how are they projecting 17-19 mil? it should be half that, but lets for giggles say they will get 17 in 2018. Based on curent full production they are getting 16 mil at good performance.
Sooo based on some very basic math I get around 109 mil - 112 mil - WHICH is their guidance for 2017.
Now I am just a simple man...so please explain this to me. Want to learn.
BRAVO!