RE:RE:Old West Investment Management mentions MAIDidn't think we'd hit comercial production yet.
From Aug 25th release
Following the onset of the seasonal rains toward the end of June, the Company was able to ramp up gold recovery operations to those more representative of planned commercial levels. July gold recovery was approximately 2,275 oz, almost twice that of any previous month this year. As of July, a total of 21,000 oz have been stacked on the leach pads of which approximately 10,000 oz have been recovered to date -- only 5,687 oz of which had been sold as of June 30, 2022 due to normal start-up lags between extraction and sales. Gold recoveries from areas under leach in excess of 30 days have consistently trended towards 75% or greater with residual leaching ongoing and ultimate recoveries on track to approach those from test pad operations conducted prior to the Santana gold project construction. Based on results to date the Company estimates approximately 6,000 oz of additional recoverable gold currently remains on the pad which will systematically be brought under leach extraction as solution availability increases. While extraction rates from areas under leach have been consistent throughout the ramp up phase of operations, the erratic nature of the recent drought conditions remains the final hurdle to the Company being in a position to declare commercial production at the mine. The ultimate timing for this declaration will continue to be assessed with the help of operational data and climate forecasting.