Yes indeed - we await There are options and Steam engine based...

Yes indeed - we await

There are options and Steam engine based on their scoping study would provide significant capitol

Already Steam Engine the upside case is up another 20% on their previous estimation on today gold price - that's money sitting there Payback Period 9 months at $2500oz AU

2021 Scoping Study

A Scoping Study released during April 2021 indicated a robust financial and technical case for a near-term, low CAPEX, open pit mining and toll treatment operation.

The base case contemplated the mining of 65% of the March 2021 Mineral Resource to recover 70,000 ounces and assumed a gold price A$2,200 (US$1,900 @ 0.76 AUD/USD). Key outcomes are summarised in Table 1.

TABLE 1

1 AISC calculated in accordance with the 2018 World Gold Council Updated Guidance Note.
2 Includes pre-production CAPEX plus operating losses until profits are generated.