Ann: Anova Executes $3m Financing Facility for Second Fortune, page-16

it helps reduce operating cost Sigma, but the sorted grade is dependant on the mined grade

the grade I am thinking of is the probable reserve grade . Probable means just that, it does not mean proven. This company does not have any proven reserves


Tho old timers had a saying , drill for structure , mine for grade. You do not really know the grade until you start mining.

So you do you own due diligence, look at all the drill intercepts, the thickness, the grade, the distance between them and the historial production

If it fails they just raise cash to pay back the debt and the share price goes under 3c!

This game is extremely risky which is why the rewards can also be very high.