Ann: Crawford Maiden Ore Reserve Exceeds 29koz of Gold, page-21

What about working capital , given it takes quite a while from mining to getting pregnant solution to extract with heap leaching ?
No knocking the heap leach project as see the potential for other juniors if these guys can get it working right , it does work on larger overseas mines and I think did at St Ives , but can it work profitably at smaller mines , any reason why it should not ?
I have worked with portable crushers they are a pain when they break down , as designed for midgets you would not want any tramp metal .

Guessing one issue would be the quality of the water , , normally not great in the gold fields and also that there is no Cu and other base metals present to contaminate the carbon columns - what other issues ?
$5M in capex seems very light hence the nice IRR number but is it correct ?

at least this crew is getting off their arses and prepared to make a go of it not like most juniors