Ann: Burbanks Commences Production, page-3

IMO

I'm struggling to understand why get into toll treatment whilst so many other mills in the region doing it ?

So Ann says 150,000 tpa +\- 20% so on the careful side lets say 120,000 tpa ! I see previous operators charged $5/t plus $1/t into tailings, so that's $720,000 income per year not taking into account any operational issues !

Very small resource to south of the project I'm not taking into consideration !

These funds could be easily adsorbed by the operating charges of the company and not really provide any benefit IMO plus there is a further $2 million to be paid to purchase the mill.

IMO this toll treatment is a distraction and the company would be better off finding a new project and do a CR !

Sell the mill and move forward IMO