A comparison between EQR and G6M, page-78

Plonka

Let's hope the ramp up at G6M improves. 10,000 ton of ore for 10 ton of 50%-60% concentrate is 0.05-0.06%. A long way from the high grade deposit of 0.9%.

It can be longer than most think to get all the gear and team working together. EQR has shown this over the last 18 months as they have been processing the tailings and low grade stockpiles, while improving the equipment and training the team. In the early months, we were getting 15 to 20 tonnes per month.

The only unknown for G6M. Can they get the recoveries from the high grade? This has been a key reason why Wolfe (UK) and others haven't been successful over the last decade.

2nd blast has happened (last weekend).