OK 163 kt went through the mill in January. 108kt @1.5 g/t left. (on recent monthly figures). They need a lot more than that. They need too prove up resource which is currently around 80K oz (I mean ore ready to shift to the plant). Next 6 months must have 3 times that mined ore (ready stockpiled) for the real investors to participate. Mind you if they get to that stage the share price will be a lot higher.
I am a shareholder. 108Kt @1.5 g/t. Is not enough at this stage. This all takes drilling/ contractors and money.
There is plenty of gold out there. However it is very low grade.
The new underground drilling projected next month may help. Currently over 9 /gt on current production.
From historical drilling they went in the totally wrong direction. I think they could do well here and keep this going. However this is going to be a 3 month plus story.
As far as open pit if they can keep proven resource above 100k and produce 80K. We should be in business.
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