So more screened material to run which is good, gold has only dropped slightly from 1.8g/t to 1.7g/t whilst adding a lot more material. Question is now what are their costs. In theory this is around 5-6M AUD they have in gold supply and cash sales already, which nearly negates last quarters loss completely and we are one month into this quarter. But I assume they have added more costs since then, but still this throughput with just their old costs will be enough to reach a fair amount of profit for the last+this qtr combined.
Should see them in a positive position to argue for another loan extension I think. It is going ~60% better than I thought it would but I was perhaps negative from the Silver experience. Nearly all of the people processing have years of experience on Mt Boppy gold vs their silver trial.
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