This was another point that was not clarified - they could get 82% of the gold into a gravity concentrate but not into gold bars without some form of leaching. Probably closer to 50% into gold bars.
Agree, the whole thing is a mess and lots of US have done our shirt on this thing. However, I still believe where there is smoke, there is fire and there is potential in the area. The big lesson - explorers cannot transcend to producers, they either need to sell or completely restructure the entire company. Unfortunately, many believe that they are different and will continue to try to make the transition and end up like we did - broke.
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