RE:3 questions: Yes, they will turn a profit but it's going to be small. They originally projected 500k ounces per year, grades 15.7, AISC 4-500 an oz.
A projection of this report puts them at 300,000 oz a year, grade looks to be 7-8 gm, AISC 700-900 and you can bet it'll be closer to 900. That means they will be much more dependent on the price of gold. Instead of making 900 an oz. they'll be lucky to make 400.
Basically, you can take every proven and probable projection they made- cut it in half- and you will have an accurate picture of this operation. Wait until you see their piddly earnings in Mar.
And yes, their reputation is shot with me. They flat out mislead us while telling ZIJN and SSRI the truth.