Ann: Annual Report to Shareholders, page-15

plant capacity = 15t/hr x 4 g/t = 56 g x 0.9 (recovery) = 50 g x 0.9 (approx 90% gold by assay) = 45.4g / 32g = 1.4oz/hr x US$1250 = US$1750/hr

My guess is that with the current plant working at nameplate specifications (14t/hr & 90% recovery - dreams are free) that would hardly break even. So maybe in the future they can get something bigger/better going & process this stock pile but for now the plan of getting out high grade ore & processing it is about the only way of feeding hungry spin doctors salaries & possibly keeping OGX solvent.

I do remember some spin about how they could increase plant capacity very cheaply, can't remember the figures & can not be bothered looking because they can't even get this tin pot HOS going properly so not much chance these geniuses could upgrade the HOS plant and/or increase supply of suitable ore to it.

The question in my mind is, will Angloa want OGX to succeed at crapdeville or get OGX on it's knees so they can take them over for peanuts or better still 'rescue' them from bankruptcy for next to nothing. Watch for the first tell tail signs = Anglo loaning capex with the license as security, run for the hills at that stage.

I personally wouldn't hire these guys to dig a fence post hole but unfortunately got sucked into investing in a gold mine they are attempting to run, so have to either take losses or see how it goes over the next few months & hope someone turns up that has the ability to make what seems like a viable operation on paper, actually work & generate free cash flow.

Mark Twain had figured it out, should have listened to him: