Announcements, page-22

alemond
i see you hold shares
i understand your trying to make sense of it all

so are we but if what you believe is true then id be selling
your calculations are self fulfilling and you got an answer that ws predetermined....but wrong i believe

the grades from trials have always been around this 50 gm ton mark and you can estimate the total amount of gold that should have been collected based on those grades

the actual dilution due to sloppy mining doesn't matter when talking about total gold recovered versus at what grade per ton of all material run through the mill
we are talking total amounts of gold that are there in the rock

this is where it hasn't added up

the gold has been mined but just hasn't been recovered
something along the process hasn't been working

hence the "back to basics" i.e. whatever we have been doing is stuffed and its probably(or part of) the plant.

but where in the plant
well it looks like one stage where there is a problem is the crushing / liberation method
so we now know the hammer will fix that bit

next step is to separate and then collect the product

maybe the plant beyond the crusher can do that
maybe not
and we need a whole new setup

thats what is being decided now

the gold is definitely there and we will get it

eventually