September quaterInclusive of additional costings -coyote lease payment of two million- paid, commissioning costs & tenement purchases.
looks great for next quarter- no additional commissioning expenses, no dilution to head grade/as ore feed (was through commissioning ore),
Coyote process plant now saturated & accessing golden hind ore.
I expect a recovered gold grade will be upwards of 11g p/t,
Remembering we can ALSO increase production from two weeks on & one off,
as coyote process plant can handle production increase in access of 50%.
I suspect management would be only awaiting gold through-put/recovered gold to be confirmed as being close to feed grade -before increasing production, in order to keep expenses checked, this should be a formality IMO as tail grade ( confirmed as being below o.05g p/t) & feed grade verified independently, plant verified conclusively as having 99% recovery.
IMO-salt
September quaterInclusive of additional costings -coyote lease...
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