You could well be correct Tikka223. I have had a glance back over the announcement and there are two comments that seem to be relevant.
- The first is a response to Question 1 where it is stated that "a toll milling campaign was completed on 2 January 2019, which reduced short term liabilities by $225,000." Now I probably mistakenly took that to referring to the total amount of ore that MXR was going to toll treat before GBF took over the lease.
- But the second point appears to support your view in answer to Question 2 where it is stated that MXR "continues to operate the Burbanks Mill under toll milling agreements and generate positive cashflow." So I guess we can interpret that to mean that the Mill is still running with other material until the final signing is done.
Add to My Watchlist
What is My Watchlist?