Youanmi mine restart

Rox is progressing the following early start option as quickly as possible.
A small scale (0.5Moz resource), low capex and high-grade start-up where RXL defines a +7g/t coherent free-milling inventory capable of producing ~80kozpa for three years through a 300ktpa plant that could cost A$50m (noting that some refurbishment of the existing infrastructure would be required as well as expected resource growth). AISC could be a lowly A$700/oz.
The initial feed for the 300ktpa plant will be Grace and near mine high grade oxide ore, with a reserve (MRE in Q4) of around 200,000 oz Au @ 6-7 g/t.
This will be processed through a standard CIL mill with Au recovery of around 95%
While the shallow oxide ore is being processed the Youanmi main pit will be dewatered (6 months $1m) and the DEEPS decline, upgraded.
Recent DD and RC drilling at the Youanmi Main Lode tested Au resources outside the narrow decline to assess the prospect of relatively shallow Deeps mining.
Once the oxide gold reserves are exhausted a small POX or Albion Process will be added to the mill to process semi refractory and refractory Deeps ore.
Indicated Deeps gold is currently 290,200 oz Au @ 8.23 g/t (to be upgraded soon).
95% Au recovery is expected.If this plant were fed by refractory ore only, it would generate around 55Ktpa of concentrate feed for the oxidation plant (Albion or POX).
The recent independent report notes that: The size of the Albion/POX circuit is small compared to other higher tonnage operations for two main reasons.The concentrate processed is small compared to ore treated, and secondly, the very high head grade from the Deeps Resource at over 7.5 g/t Au means that an economic gold output can be obtained from a small ore throughput.
Como Engineers has been engaged to conduct scoping level design and costing including capital and operating cost estimates for a processing plant solution which will include utilising parts of the existing 1990s circuit
The expected timeline is
JORC before June 2022
MRE soon after the JORC
Dewatering Q3 – Q4 2022
Scoping study Q3DFS Q4
Finance Q4
2023 plant and mine construction.
Plant commissioning Q4
First pour Q4 2023.

My opinion DYOR