I to have been frustrated by the lack of information, but wether the overall grade is 12gpt or 15gpt or 8,000t or 10,000t has been put through the mill isnt important. The grades and results from the trial mining are still outstanding. Yes the company cherry picked various locations including low grade tonnes. Dont forget this was a trial to understand geology & grade. The production of three & a half thousand ounces was incidental to the trial., You dont throw $20 million away by investing in a company with no future. That is unless you are a very large Chinese corporation that invests in a Coolgardie goldmining company. ABUs future is bright, many lessons have been learnt, which could include a rethink on the mill. At present the recovery from the gravity circuit is enough, if mining of the Buccaneer deposit eventually takes place then the tailings from OP & GH would be blended with the Buccaneer ore through i imagine a future CIP plant. We lose nothing. If with the share dilution we can fast track the exploration and commencment of full scale mining then thats not a bad thing. Lots of negativity of late, but i honestly believe we have a golden future. I do wish the bloody share price would improve though. Well called Vendor.
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