KSN 0.00% 7.6¢ kingston resources limited

Ann: Trading Halt, page-17

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    current Mine Mgr

    "For now, the focus at Mineral Hill is on extracting gold from the old dam, which will eventually see it completely removed."We've got 1.8 million tonnes to process, that will take us just under three years, in that process we'll generate somewhere roundabout 42,000 recovered ounces," Mr Merrell said."We'll use a portion of the profits we get from that to do further exploration and the idea is to get this mine site going back into hard rock," he said"

    so maybe use the +ive cashflows from Mineral Hill to now fund Misima up to final committment decision and until the Capital requirements for Misima happen, no more CR's required. Similar to what Horizon have done with the purchase of Henty Mine in Tas.
 
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