Ann: Wiluna Tailings (Wiltails) - Maiden Resource, page-5

My sentiments exactly , has the company no shame in putting out such an announcement ? Announcement also mentions the tailings still have to be further ground to get recoveries so have to go through the entire plant except for the crusher circuit
Be interesting to see a partial budget on what would happen to the bottom line if the tailings were processed my guess is a negative return , in which case I doubt if they can ever be transferred from a resource to reserve status .
Would be more economic to buy gold bars , melt them down then sell them as mini ingots with the BLK logo on them , than process the tailings .
How could directors face shareholders at an AGM with such an announcement this is sooo farcical ?