Mmmh, i believe the slow start makes sense, it is usually the case for every project. 6000t/month leads to 72k/y and 15t/month to 180. The 130 figure is in between suggesting it is realistic with a steady increase of digging.
Looking at the current AUD/USD @ 0.75, and considering ONLY the US$25/t of ore figure, whether we get
6000 tons per month or manage to reach the 130,000 t in one year, you are looking at at 2.4m to 3.25m.
I don't know how the admin cost and extraction cost look like and how they add up to this.
To the experience gold guys, which P/E is expected from a junior gold miner?
Cheers,
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