"someone can shed light on this, how the hell can this company say that they can significantly ramp up production with minimal extra cash or dilutionary impact ?"
Well it's a tiny plant, the crusher is probably already oversized.
What they'd possibly need:
A regrind mill, probably only about 1200kW, there's quite a few of these floating around the goldfields, you should be able to pick one up and have it installed for less than $3M.
A couple of extra leach tanks, which would be less than $400k.
A few larger pumps, less than $100k.
Possibly some additional screens, second hand, less than $100k.
One would expect that the gold elution circuit was built with expansion in mind and is therefore oversized, perhaps with the addition of an extra EW cell at $30k.
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