I ran into a friend a couple of weeks ago who had spent an hour on the phone with Towsey. he filled me in on a few things, essentially they were about to feed a lot more through the mill having done a lot of development work recently.
so it comes back to the old dilution issue with mechanised mining of narrow vein mines
BDG have got it together now so lets see if CTO can do the same
Towsey is a very capable operator. The hands on management looks strong, it needs to be to get these narrow vein mines profitable on a mechanised mining set up
This next quarter is pretty well make or break if they don't deliver its going under 10c
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