RE:RE:Q3 CONFERENCE CALL PART ABOUT FOSTERVILLE PROJECTION IN Q4 Michael Siperco
Yes, hi, thanks very much for taking my question. Just back to the guidance for Fosterville. If my math is right, it implies the 4Q production of 60,000 to 70,000 ounces versus the 91,000 in Q3. Is that just conservatism given the grade variability? Or is there a particular reason that you are expecting a lower number?
Ian Holland
Yes. Thanks, I’ll take that question. I mean, the reality that the year-to-date the quarterly average production is 77,000 ounces. So, it is a – we are projecting something similar in terms of a production output. We do see the potential for a higher result given grade outperformance. But that’s a variable – that’s difficult to draw. So, inherently we’ve – essentially kept a fairly steady heel on that.
Michael Siperco
Is it fair to expect more production from the Swan zone in Q4 versus Q3? Or is that not where we are yet?
Ian Holland
Only a very small amount. So it is really only just starting.
Michael Siperco
Okay. Got it. So, there is nothing specific in the quarter. No shutdowns, nothing else that would necessarily lead you to believe there is lower production. You should don’t want to count on the same kind of grade. Is that fair to say?
Ian Holland
That’s fair to say.