Without going into the historical reliability of IR's pronouncements, perhaps we can move on to the mill shutdown
Irksome wrote: Mill is currently not operating. Expecting to be pouring gold again by end of May (yes, 2014).
Presumably, all of the 16,000 tonnes of QR ore has gone through the QR mill, ...
I specifically asked if there was any stockpiled ore remaining at the mill, and after checking with someone, Tim told me that because they have not publicly disclosed the quantity of stockpiled ore they could not answer the question. Of course, had they answered, the answer could be 0, which would make your calculations valid, or it could be non-0, which would make them all invalid.
Maybe some day they will disclose the information. But he did confirm that no ore has been trucked down from BL, and that the plan was to do so once the roads were re-opened. I think it is possible that there could be 0 ore left, AND BL ore could be delivered prior to the end of the month, AND they resolve the mill shutdown issues, such that they could pour gold from BL ore by the end of May, but that seems like an awful lot that would need to go just right to make it happen.