I didn't know you could have too many reds.
We will all be into the really good red stuff soon.
$1,250 X 15,000 oz less royalties is $17.6m which will pail into insignificance when they get into the high grade gold in Nugent and spend the few dollars necessary to stop leaving 30% of the gold in the tailings.
Lifting the recovery rate from 55% to 85% would at another 8,200 oz which would add another $28.9m
Thats only 40% of whats possible if the plant runs full.
HGO - Chart, page-397
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