Ann: Quarterly Activities and Cash Flow Report, page-67

The gold price was rising, why didn't they continue processing the ore on the rom pad .
I think it likely they were only interested in the mineralized section at the bottom, which is what they processed., and then they left the overburden on the Rom pad .
Anyway why did they stop digging & processing , that is the reality, they just abandoned it .
If they had intended to mine it, why did they cease .There has never has been an explanation
.
This is a year or two ago now.
There were no grades given to shareholders on the mined section . I remember they just dug the decline , stated processing , then just stoped mining giving no reason.
How are we supposed to know their reasoning if they don't tell us ?
They may have realized it was uneconomic to mine , who knows?
At the time I don't remember any mining analysis of ore mined & gold obtained. I assumed that it was uneconomic , who knows.
We would need to know how much it cost to dig and move that amount of ore & how much gold was obtained . Their was no cost analysis presented to shareholders .

They did a capital raise and shareholders paid for it anyway. That is , the shareholders paid for the Gekko plant and the mining.

No one knew they were going to cease mining & there was no post mining cost / benefit analysis.
What is telling is it took a long time for them to say they had sold the gold and for what value .
Do people remember the back yard processors, who had the vague business credentials . Shareholders commented on it .
So the company has never explained why they ceased mining & for what reason they are selling the project.
I personally would like to know if it is because it was uneconomic to mine, especially without a proper fixed plant, not some 'dinky toy' relocatable modular plant.

It is not the shareholders fault , if the company didn't know what they were doing.