The head grade was never 10g/t.
Once the unaccountable board made the statement about "highest grade gold mine" they were bound to it, no matter what subsequent data might have shown.
That mining took place and shareholder funds were put at risk without an ore reserve estimate - let this serve as a warning to investors. If you're not mining ore, what are you mining?
This should be a matter for the AUSIMM to investigate. Members shouldn't be by-passing accepted industry practice of estimating an ore reserve before risking other peoples money on a mark twain mine.
There needs to be an independent investigation into the grade control procedures and mill sampling procedures. Someone is guilding the Lilly. Unfortunately the only way the shareholders can discover the operational records will be via some kind of derivative action. Is it worth it?
Where is the Quarterly Report, page-21
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