Those are pretty high g/t numbers.
My WAG is June 2014, or start of FY 2015 for Spanish ore production. I think processing complications will we worked out well before then, and the mill does not know if it is sitting in Panama or Spain. Not an issue on processing for us. My cost numbers are about $800.00/oz. but then again I used a much lower figure for Au g/t. I have seen 12.8g/t drilling results, but I don't expect the total mined to be that high.
In any case, it is certainly well worth doing, and profitable, with no great cap/ex needed. Ore is shipped around the world every day in every way. This is way down the road for us and there is a lot to be accomplished in Panama between now and then. Perhaps the ore will come through the new port.
I will be happy to see us reach above 100,000 AuEq. this FY, upgrade our reserves, and get that other leach pad in operation. Meanwhile, bonds continue to crumble and inflation is here. The Middle East is burning, China is buying, and India will start again in sixty days.
