Ann: Quarterly Activities Report, page-103

For those that wonder about monitising SteamEngine, I found this for anyone interested. A plant this size would mean self funding exploration.

Special Report: Vertex Minerals’ decision to acquire a Gekko gold gravity processing plant looks to be a wise one with a new engineering study finding that it will lower capex for its Reward mine development and enable early cashflow.

Gekko plants are renowned for their low-energy mining capacity, smart design and high-tech capabilities.

They are also easily transportable and modular, making them suitable for being moved around, while having the capacity for expansion and ease of modification.

Vertex Minerals (ASX:VTX) had acquired this particular plant from the Morningstar gold mine in Victoria for just $620,000 plus GST after raising $800,000 via a placement to fund the purchase.