low grades, page-35

the quality of ore body is good from my experence what is important in gold mining is cost of production if my ore body is good however it cost more to mine and than mill it is of no use however if my gold ore body is low however the cost of mining is low than it will make more money

in case of finance i agree 35 million debt finance in this condition is tad hard however if the management does successed in debt finanace with not much hedging on gold price i reckon we could pay the debt back in few quarter

all my order have got filled happy with my position on this