significant resource upgrade - east lode , page-7

when Bullant was bought by ARD and then KMC we had 98,000 ozs from memory. We now have over 300k ozs!!! This is a ripper of an increase.

the share price is basically ignoring this and i guess its for 2 reasons. We have been given little information on our current cash costs of production (toll treating , transport and mining) and we know zip on this $35m to be borrowed to get our own processing up and running.

But my thoughts are going to the future. I agree with Callback that 500k oz is looking possible. But even if you have just the current resource of 300k ozs. with a 6 yr mine life. Thats some significant dollars

Bring on the quarterly so lets see what we are actually doing.