As i read the update i see the things that we needed to know and why things were slowed down. I hope that we see more of that as we go.
If we get 50 tpd and an average grade of 10g/t its around 18 ozs/day @ $3350 usd = $5234 aud x 18 = $94,000 aud
around $34 mill per year.
I think this is all possible and not unreasonably achievable.
It seems like we just have to get through this bizarre capital raising that benefits the investors if they can smash the share price.
Ann: Santa Barbara Gold Project Development Update April 2025, page-8
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