If they get the pads dug and loaded during the dry season by June 2011, I think they will be fully on stream by end of FY Q3 2011 and start contributing to the production in a meaningful way by the Q4 of FY 2011. (May 31, 2011). FY 2012 should show the full 50,000 oz. of production and with the doubling of the plant to 5,500 T/D we should produce between 175,000oz.- 200,000oz.for FY 2012. At $1,500.00 gold that would be about $300,000,000.00 of revenue in FY 2012.
By the way with the nearly doubling of reserves today, does that not decrease the 6% owed to DB down to 3% of the reserves? When ODN come in I'll bet the DB will only be a commitment of 1% of reserves.
