HI Spec, Woke this morning & threw some figures around, Hypotheticals now
-real possibilities moving forward.
It should be a given that coyote saturates & recovered gold g p/t rises,
reducing costs & increasing revenue.
ABU has always advocated staged development,
the current AU-POG is great, seems logical to increase production'
thus increasing revenue & further reducing costs.
I believe the next stage of development is likely to be the doubling of
production, coyote has capacity to absorb extra production,
we would initially incur extra production costs.
( did some costings re; this scenario-looked good )
The addition of another mill @ coyote would be a game changer
providing extra capacity, & allow for minimal interruption to production
providing insurance re; maintaining cash flow & allow the scheduling
of mill shut downs when required- the changing of mill liners etc.
This would also justifies extra capital raising requirements if they were
required, as the outcome would substantially increase gold output sales
revenue, reduce AISC & drive s/p-thus returning wealth to s/h.
imo-salt
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