"I have not read the fine print but I have heard other companies buying gold to achieve production targets"
No way they could buy gold to achieve targets. They are not hedged thus don't need to buy gold to achieve production targets. The arrangement is 20,000 ounces from Derewo alluvial project only.
Agree though I would prefer to see them go into production and see 20,000 ounces by end July. 20,000 ounces would be easy to achieve I think without having to buy gold to meet production targets (not that they could legally do that).
anyone contacted management?, page-11
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