It is good to see some positive news from our company. The ore processing throughput has basically reached nameplate with 57% average recovery on February and 67% average recovery up to date since March. So now the important thing is to increase the recovery, which I believe will come from the improvement of the fine circuit. Overall, the situation is much better now compared with the one few months ago. Although JRO sold some of their shares, I believe this is for their production recovery. On the other hand, their SP is recovering largely, more than 100% increase from their 52wk low. The Korean technical experts have been in position to bring JRO's production line back in action based on their recent announcement, so the strategic investor we speculated last year is most likely Samsung. Our SP may be boosted if the first product sale to JRO was announced. Anyway, I was not happy with the SP development for the last few months, however, I did see the BOD is doing whatever they can to make AJM a profitable miner. IMHO, patience is the key element in this game now.
