Maybe they hope to get enough cash-flow from the cyanide processing to be able to set up the Elazac plant, thereby enabling a re-run of the material through that process to recover the remaining gold.
I am buggered if I know, but why would they keep on with all this if it does not work economically?
To me the whole thing seems crazy enough to mean that there has to be something to it.
Lockitt
HAO Price at posting:
23.0¢ Sentiment: None Disclosure: Held