ann: annual report, page-6

Some highlights from the annual report;

“Company targets recovering between 90% and 95% of the gold, based on laboratory test work.”
It will be excellent news if they achieve near 95%.

Slightly more upbeat talk about expected grades is promising ("at least 10g/t");
“The Company anticipates a head grade of at least 10g/t of gold from the 10,000 tonnes, thus targeting to produce =3,000 ounces of gold.”

“ABM does not see any impediments to the ultimate granting of a mineral lease following completion of the Trial Mining and processing.

Also more upbeat on the size of stage three, only talking about 300ktpa rather than 250-300ktpa as previously.
“Following Stage Two the Company is targeting to expand the overall mill capacity to ~300,000 tonnes per annum (doubling capacity). It is anticipated that this will be funded from positive cash-flow from Stage Two.”

This increasingly positive tone might be indicative of good early indications from the Trial mine.