Peers, page-16

200k ounces pa is not going to happen if you have a 2500 tpd mill, your average milling grade is 5 grams/tonne, and the gold recovery rate is 90%. This would suggest they produce only 132k ounces pa. At 6 grams/t the max output rises to 158k ounces. The reserve grade is 7 grams/t and I do not think they will reach that level due to grade dilution, and I think their projection is that the milling grade will be 5-6 grams.

There is also the issue of getting enough ore to the mill (being fixed?) and to ensure that the mill is operating at its designed full capability of 2500 tpd.

loki