Agreed Rob, a great move. And thanks for advocating for this.
Hopefully the money raised (AUD$3.95m) will go into the processing plant so we can get back to competitive AISC, and into exploration and mining around the Georgetown plant.
Plant processing was suspended due to weather in last announcement. Should be back up, but AISC for this QTR will be affected.
Still some chance to see some processing in prep for Q2, hopefully with good efficiency.
"Grade control drilling at Big Reef is due to commence imminently and mining of this resource is expected to follow shortly thereafter.
Big Reef is located much closer to the Georgetown processing plant site than the Agate Creek mine and has a haulage route that is less likely to be impacted by weather. "
Ann: Sale of Interest in Ashford Coking Coal Project, page-10
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