During production period til Q2'21, STGO produced 36.2k oz silver, then sold 15.3k oz .... difference is 21k oz...where that silver gone? Maybe i'm wrong....but Q4'20 MD&A tells STGO produced 24,069 oz silver produced and 3,429 silver ounces sold at average $23 per oz.
Double checked Q4'20 MD&A, page 14, under "Operational summary" section...Keeps produced silver in their warehouse? Why just don't sell it immediately ?
Gold is OK, 40.3k oz produced then sold 39.2...only small difference, but i guess its for sampling, as they wrote in their FS as "...Finished goods inventory represents gold ounces located at the mine and bars still under assay at the Mongolian Agency for Standardization and Metrology (“MASM”)...." For the silver still unknown how long MASM holds that bars for assaying .....
| Period | Gold produced | Silver produced | Gold sold | Silver sold |
| 2021-Q2 | 7,202 | 762 | 6,558 | 693 |
| 2021-Q1 | - | - | 945 | 861 |
| 2020-Q4 | 7,423 | 24,069 | 7,923 | 3,429 |
| 2020-Q3 | 10,342 | 6,516 | 11,352 | 6,553 |
| 2020-Q2 | 15,389 | 4,978 | 12,458 | 3,728 |
| Total | 40,356 | 36,325 | 39,236 | 15,264 |
| Period | Silver produced | Silver sold | Ore stacked | Ore mined |
| Q4-2020 | 24,069 | 3,429 | 206,703 | 291,455 |
| YTD - YE 2020 | 35,563 | 13,710 | 699,204 | 1,138,209 |
1. Revenue for the quarter was $13,217 on sales of 7,923 gold ounces and 3,429 silver ounces with average realized prices per ounce of $1,882 and $23 respectively
2. During the year ended December 31, 2020, 1,138,209 tonnes of ore was mined and the crushing plant processed 699,204 tonnes of ore with an average gold grade of 2.03 g/t and an average silver grade of 8.88 g/t.