Ann: Sulphide Plant Expansion Study Update, page-2

Getting dollars for cents with the $15m upgrade.

The best part is that they seem to be planning to pay for the plant with cashflow and possibly some cash on hand over the next 3 quarters as they fabricate and install it (this is my guess given that they don't mention capital raising and they have $24m+ cash and $7m odd per quarter cashflow).

What's more, they reckon 75% recoveries on the sulphide plant and 90% on the CIL. I have no doubt that the 75% number can be improved to get the net recovery above 85% predicted.