gut feel on the grade from golden hind , page-2

Jemma, first a cr should not be needed for stage 3. It will easily be paid for through cash flow from stage 2.

The trial mine will not be from GH only. They are mining from multiple sites to get as much info as possible on the whole resource. However each zone will be processed seperately to aid in the understanding of each zone, so we will get to find out what GH has to offer without it being blended.

The mining license is one of the remaining risks but I do not see it as that significant now that trial mining was granted and following the decision to allow the gold to be sold before the granting of the ML (I think that last point suggests the dept knows they will be granting the ML)