RE: Fabulous start to the year. Cash machine now4 Feb 2026 08:09
It’s great news unless you don’t hold and want a lower entry lol
The statement refers to a single gold pour of approximately 12 kilograms of doré (a semi-pure alloy, typically mostly gold with some silver and impurities) completed at the end of January 2026, which the company equates to approximately 385 ounces.
This is the contained gold content in troy ounces (the standard unit for precious metals). The conversion uses the fact that 1 kilogram ≈ 32.1507 troy ounces, so:
- 12 kg × 32.1507 oz/kg ≈ 385.8 troy ounces (rounded to 385 ounces in the statement).
Doré bars are not pure gold (often 90–99% gold), but the "equivalent to approximately 385 ounces" specifically means the fine gold content (pure gold weight) in troy ounces, after accounting for the actual purity of that doré pour.
Annual Equivalent:
The quote describes one pour (for one month, January 2026). To estimate an annual production rate, assuming this pour is representative of monthly output and production continues at a similar pace throughout the year:
- 385 ounces per month × 12 months = approximately 4,620 ounces per year.
This is a rough extrapolation (actual monthly pours can vary due to processing, ore grades, etc.), but it gives a sense of scale: roughly 4,600–4,700 ounces of gold per year if sustained at that level.