Let's see what the quarterly shows. Increased grade, Mill uptime...

Let's see what the quarterly shows. Increased grade, Mill uptime and gold price are highly likely and without casting dispersions on the previous employees, I'm looking forward to seeing what a new crushing team can do.

The PFS was done at much lower gold prices and projected a first year loss, moving into solid profit once the UG came online. The only things that have really moved are the gold price and issues with the crusher. Even if the crusher stays at status quo, the increased costs are largely offset by the increase in gold price and will be negated once they start mining softer ore. It should be noted that they're clearly expediting the UG.

Sure they've spent a bucket load, but a large chunk of the 250 was spent on clearing out liabilities. That doesn't change their exploration/resource definition success.

Who knows -I might have it completely wrong...but my money is where my mouth is.