ASIC isnt released until the mine is fully ramped up. This is...

ASIC isnt released until the mine is fully ramped up. This is just convention.

From the quarterly:
Gold recovered 12.9koz
Production + staff + admin costs of $11.4mil
This gives us $883 ASIC right now.

For next quarter production of 22koz this is $19.4 mil, this is barely half of the projected $42 cash outflows. I raised the 28 mil expenditure this quarter on mine properties but what could that possibly be? Its not operating costs; its not property, plant or equipment; its not exploration costs either, what on earth is it? It appears to be forecast into next quarters cash outflows as well...

GCY would be in the money if it weren't for this mysterious cost.