Tradeahead Of course 100Koz is achievable in 2022. I will elaborate. - and show why @marsy is decidedly wrong!
First: @marsy writes "66,500 oz would require a head grade of 2.55 gpt (66500*31.1/900000/.9)": WRONG - the recovery grade was specifically 94% from the fresh mineralization, this has been tested. And the avg. headgrade in the fresh is 2.8 g/t, as a midpoint between 2.7g/t and 2.9 g/t.
The mill is expected to run at 1.8MTPA in H2 2022. The actual fresh recovery is ~94%, and the fresh has been determined to be free milling. The PEA headgrade from the fresh is on average 2.8 g/t. The theoretical calculation therefore would be:
2.8 g/t at 1800000t = 5,040,000 grams = 162,039 ounces per annum x 94% recovery = 152.316 ounces. Half of which for H2 is 76.158 ounces!! -Add to that the midpoint expectation of 30K ounces in H1, and you are at 106.158 ounces. ABOVE what Mike S. has promised.
And that is not all. While this is preliminary mine plan, it is subject to improvement. I see at least 3 specific possibilities:
1. Ore sorting. If ore sorting in its test configuration produces gold, the concentrate may be put into the mill at NVOs discretion. How big the impact??? We do not know. But it could add to production in whatever theoretical amount.
2. Genie. We have been told that it could (theoretically) be fast tracked into production already H1 2022. Not saying that it will, but it might. That would be pending further drilling one would assume.
3. Parnell/Vulture. We currently do not know the drill results here, but the same goes in principle, it is on a mining lease, and could be fast tracked into production.
As to the rest of @marsy's speculation and subtle bashing - this is a revised mining plan, aimed to increase the gold output. NVO should be commended for the initiative to improve the gold output, and since the oxide ore on a relative basis (compared to the fresh BC ore, Genie, maybe Talga Talga(?) or Parnell(?) is the lower grade ore in this relative shootout, of course it makes perfect sense to refocus on the higher grade.
After all we now know there is more of it, and at higher grades at that (Genie). Time to raise the bar. (And not time to complain).