Heading in the right direction - Hang in there., page-16

We have a starting base though. HGZ is good for 60k-100k oz. If we can sustain 10k oz per annum, at the current gold price we are looking at roughly $1050-1100aud per ounce processed. Thats 10.5mil+ per annum. Based on previous quarterly reports our exploration and admin costs are burning around 3.4mil+ per annum. This in itself buys us plenty of time to clearly identify the resource. Also note the HGZ isn't all we have to mine, just the cheapest and best place to start.

Just wondering after the 1.8mil+ goes to payback Freefire, how much is left outstanding on our loans?

For me, the past is in the past, no company is perfect, we spent some money drilling holes and asked for more a few times, but none of this has been totally "in vein"...

Trust in Macnab.