Yes agreed DD.Recovery rate was the real issue in the Sept...

Yes agreed DD.

Recovery rate was the real issue in the Sept quarter.

And for me improving it is the sole make or break issue for Moy.

I believe there is now enough oxide ore available to maintain the operation for several quarters or more.

My read is that they will immediately improve the recovery rate and cash flow by processing oxide ore.

Then over time as cash becomes available they will implement the following to (hopefully) sufficiently lift the plant recovery rate from sulphate associated ore:

1) increase oxygen to the tanks - $0.5 mill (Nov 2019)

2) implement stage 1b in-mill oxidation (2020)

3) implement stage 2 pressurised in-mill oxidation - stage 1b and 2 total $4.5 - $5 mill (late 2020)

It appears to me that Moy is almost there but it risks running out of cash and support.