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Ponch73

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Ponch73

Re: OMOLIVES post# 354

Tuesday, 06/06/2017 11:19:45 PM

Tuesday, June 06, 2017 11:19:45 PM

Post# of 1138
1.5MT over 5 months is 3.6MT annualized. But, after the first three months coming in at 0.8MT, it's 350kT per month for April and May. 350k over 9 months is 3.15MT. Add back the 0.8MT from the first 3 months, and you get 3.95MT for 2017.

I have been modeling 3.9MT for 2017, which I thought was conservative. It might turn out to be the base case.

I also heard a rumor that ETT stopped selling from their East Tsankhi deposit over a price dispute with Chalco. If true, that would have affected the total numbers at GM through May.
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