The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Tanya M. Jakusconek - Scotiabank Global Banking and Markets, Research Division - Analyst
: Sorry, I have a bit of a -- the voice quality is a bit low for me, so I may have missed some of the information that you mentioned. But I wanted to
just circle back on a couple of technical things. The first one is just on the reserves that Mike was talking about in terms of upside at Lamaque. Do
we -- how do we see Kisladag and just the rest of the assets looking because we were impacted with COVID over there in terms of people on-site
and stuff for drilling?
Question: Tanya M. Jakusconek - Scotiabank Global Banking and Markets, Research Division - Analyst
: Just to make sure, will you be using the same reserves and resource pricing as you used last year?
Question: Tanya M. Jakusconek - Scotiabank Global Banking and Markets, Research Division - Analyst
: And if I could ask, Joe, just on Kisladag and Lamaque specifically. Just on Kisladag, and I know you talked a little bit about it and I had a clarity issue
with my phone. I just wanted to understand the -- you have more than -- you have more golden solution than you expected. My understanding is
that you really -- January, you didn't have time to put ore on the pad. You've got there -- you put it in -- sorry, in Q1, you put it in on the pad in Q2.
And so are you saying that just Q2 and Q3, which is 60 days of leaching just wasn't enough to get it out, and we're expecting a bigger bump up in
Q4 for production?
Question: Tanya M. Jakusconek - Scotiabank Global Banking and Markets, Research Division - Analyst
: Okay. And so that's why we're going to be towards the lower end of the guidance is really because of Kisladag?
Question: Tanya M. Jakusconek - Scotiabank Global Banking and Markets, Research Division - Analyst
: Okay. And then if we can move to Lamaque. You talked in your release about the Minrail and some of the complications you're having there with
that equipment. Can you walk us through what exactly is happening there?
Question: Tanya M. Jakusconek - Scotiabank Global Banking and Markets, Research Division - Analyst
: And when you say the equipment to get adapted to Lamaque, what exactly are you -- what's the adaptation? What seems to be the issue? It's not
adapted...
Question: Tanya M. Jakusconek - Scotiabank Global Banking and Markets, Research Division - Analyst
: Okay. I guess we'll continue to monitor it quarter-over-quarter. And then maybe if I could, George, circle back with you on Greece, and congrats
on the progress being made there. And you mentioned the Minister of Mines and Environment was over to Skouries. Are there plans for the person
to go to Perama Hill and Olympias or is that it? Are they doing due diligence on these assets? I'm just trying to understand how -- the site visits, are
they just part of the plan of moving this into the framework? Just trying to understand how we're progressing there.
Question: Tanya M. Jakusconek - Scotiabank Global Banking and Markets, Research Division - Analyst
: Okay. So is it safe to assume they're going asset-by-asset, that's it? So we're -- we've done Skouries and now we're working on the framework there
once we get a second and third site visits and others? Is that a good way to think about it?
Question: Tanya M. Jakusconek - Scotiabank Global Banking and Markets, Research Division - Analyst
: Yes. No, I appreciate -- I didn't appreciate, George, that the Olympias -- I just thought it would be an amendment to your current permit to increase
your throughput. I didn't realize that with the amendment came public consultation, so I didn't realize that. And maybe just on the framework,
how are we progressing on the financial aspects of the framework?
Question: Tanya M. Jakusconek - Scotiabank Global Banking and Markets, Research Division - Analyst
: And do you feel you've moved up in priority in their roster in terms of their priorities?
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OCTOBER 30, 2020 / 3:30PM, ELD.TO - Q3 2020 Eldorado Gold Corp Earnings Call
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