“At the time of the shutdown, Karma was ahead of schedule and under budget. Once activities resume at Karma, the Company expects it will be in a position to pour first gold within 10 months. Accordingly, the Company has amended its previous guidance, which forecast Karma to enter production before the end of 2015.”
“True Gold’s Board of Directors approved a construction decision with a target of commercial operations by Q1 2016.”
“True Gold is obligated to deliver 100,000 ounces of gold over five years (the “Delivery Period”). During the Delivery Period, which starts on March 31, 2016, True Gold shall deliver to the Syndicate an aggregate of 20,000 ounces of gold each year.”
Ah yeah, that’ll be it.