I posted this link on CVG thread which shows the new Marvel Loch...

I posted this link on CVG thread which shows the new Marvel Loch mill owners are keen to do business with juniors in the area

http://www.paydirt.com.au/resources/gmj119-April-June-Hanking-Holdings.pdf

I would say that once Hanking completed their PFS on their Marvel Loch reserves they made the decision to open the mill to toll milling given the underutilisation of the mill.

My estimate is that including cartage and margin for toll milling, costs for Mardi could still be around $1000 a ounce . say 1100 worst case, . Using $400 margin on 40,000 ounces pa gives you an idea of the toll milling upside without the need for more borrowings or CAPEX.

Mining the  Mardi deposits was described to me as " a walk in the park" at the 2013 AGM.( unlike the Cobar deposits)