I emailed Jon this morning and got a swift reply;
Lee,
Thanks for your enquiry.
Catherwood forms a small part of our overall resource base and our aim, over the next 12 months, is to increase our gold resources, primarily at Castle hill and Broads Dam, by up to 1M ounces.
We will then assess development options for the combined projects as this expanded resource base should justify the capital for a processing facility (an estimated $100 - $120M).
Also, we are looking at several toll treatment options for Catherwood which would not require any capital.
Kind Regards,
Jon Price
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