when Bullant was bought by ARD and then KMC we had 98,000 ozs...

when Bullant was bought by ARD and then KMC we had 98,000 ozs from memory. We now have over 300k ozs!!! This is a ripper of an increase.

the share price is basically ignoring this and i guess its for 2 reasons. We have been given little information on our current cash costs of production (toll treating , transport and mining) and we know zip on this $35m to be borrowed to get our own processing up and running.

But my thoughts are going to the future. I agree with Callback that 500k oz is looking possible. But even if you have just the current resource of 300k ozs. with a 6 yr mine life. Thats some significant dollars

Bring on the quarterly so lets see what we are actually doing.