Simple Rough Calculation, page-13

Pete,
Ive worked on processing ore from every generation of mining since the 40's in the Nullagine region with any size including the most recent plant.
There is no shortage of high grade ore waiting for a successful processing flow sheet.

Every mining operation without exception has stopped at the BOCO due to poor metallurgy... Some have chased the deeper lodes targeting more amenable high gravity gold blocks for processing (+50g/t).

Its the refractory ores that no one has been able to successfully treat yet and MOY has moved a step closer but we are not there yet, despite the call for a $15M solve to this problem.

When they crack this everyone will be on a winner for at least the next decade to come as the whole district has the same complex metallurgy once you reach the fresh zones.

Still holding waiting for an entry..

RT