Notice today that HZN has board appro. to commence mining 10 km east of Kal for open pit with a.i.c of$ 1600 per oz. which may indicate what bc8 should expect $1000 after cost for toll treating should our board decide to go down the same path. Not saying this is a more suitable option to our own mine but just an observation.
In any case 50000 ozs p.a over 10 years at $1000 is not too shabby for a small cap like ours with more resource showing up with each drill intercept.
Ann: High Grade at Myhree Continues, page-41
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