Scout, that 1.2 million is Equivalent ounces, yet he stated "another 40 ounces gold". It could mean gold included.
Number of work days in a year is 260, so that would be 40x260=10.4 million $ from gold. Still 27.2 million total $ not discounted. Company could have improved production considerably, lets hope so.
The $ numbers imply to me that we are double counting and too good to be true. Hope I'm wrong.