Ann: Half Year Accounts, page-45

Also note they say 100kt per annum for the “small sulphide” circuit.

Look at the projections for production from stage 3, way more than 100k tonnes per annum. So does that mean there is a sulphide plant expansion required and what’s the cost of that?

Is full transparent disclosure too much to ask?

Im eating my Avo on toast and thinking about projected cash flows based on reality and all I see is a big raise and then a lot of crossed fingers over the next 24 months. Not impossible, just need a quick, sizeable injection.

After this, they can knuckle down and try and make it work, possibly with exposure to a higher gold price. Not out of the question…except they need cash right now and that’s coming at a price.

Best of luck, we can’t afford to have another startup go pear shaped.