they have already restructured he workforce onto contract mining - and the contractor is now a major shareholder... hence his self interest to make this work - or inside knowledge that he can make this work.
Working capital now secured to fund exploration to get into the high grade Western Zone. The capital cost is quite disproportionately high, and current recovery rates under normal for he next few months till they can get into the Western Zone.
Bulk and enhanced mining methods to also assist in the redctiono current Opex rate.
Gold price to continue its run north of $1400 - Goldman Sachs predicted $1600 end of this year.
If thy can get Opex back under $900 - then can safely assume te SP wan stay at $0.02c for long.
BCD Price at posting:
18.9¢ Sentiment: LT Buy Disclosure: Held
