I get the feeling management want focus on the opportunity they have with Bartons initially as it's providing 25% of production. Phase 2 and 3 are incidental at present and will be brought on as priorities dictate. Warren also mentioned huge cost savings about to be realised through mining the open pits in-house ($1million savings /month as I recall).
He also mentioned that Golden Eagle underground mine is planned to come online in 6 months time and that the preparatory excavation work was straightforward and low cost as the ore was close to the surface.
MOYs tenement is vast, unknown, and promising. Gold is there to a known depth of 200m. Focus is required and unfortunately more patience.
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