From the "gossip" while I was on site, the thinking is ~$500k AUD from memory, to add a ball mill and flotation, they are reasonably inexpensive in Brazil. As far as instillation and commissioning, I think it was around two months, but I am sure they will have a timeline in the announcement,,, if the plan is to go that way... We are getting ahead of things a bit, we still do not know how the CIL test went.. As many have mentioned getting the company into a cash flow positive position, what ever that number is, is key to moving forward. Once they have money to spend on new equipment, things will move forward quickly IMO.
OGX Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held