Fox or TNP, could you clear this up for me? Are you suggesting that the recovered gold could be sitting within the refiners premises, but is still the property of pcfg...and therefore can be counted as inventory?
Growing up on a wheat farm, we would harvest, deposit the wheat at the mill after weighing, and the mill would then store it until we were ready to sell it. You would of course incur storage fees for amount of time before the wheat was sold. Is this similar?
Sorry if this is a dumb question, but it seems like a very important factor when speculating on what may have been recovered on q1.