Maybe some reading is required. According to the report, it appears "working capital is required to run a mine" is covered.
Total ore feed for FY14/15 is expected to be ~0.44Mt for production of ~11kt Cu
concentrate, ~10kt Pb concentrate and ~50kt Zn concentrate as well as an estimated
209koz of silver credits within these concentrates.
While the processing plant is clearly being underutilised, it is still making a positive
return for the Company. Significant opportunity exists to increase the utilisation of the
plant and to upgrade the forecast production numbers once the current corporate
dealings have been finalised.
On the 27th of October 2014, Consolidated Tin announced that it had entered into an
Agreement with Snow Peak Mining (SPM) to acquire its entire suite of assets. This
acquisition includes:
The 1Mtpa Mt Garnet concentrator facility and associated tenements
The Surveyor-Balcooma and Mt Garnet mines
The Einasleigh & Maitland projects and associated mining tenements
All mining plant and equipment
Replacement of Environmental Bonds (A$11.4M)
All associated mining information
The Baal Gammon Minerals Rights Agreement
Transfer of all employees
