NWH Current Projects, page-4

And I think it WILL be kept alive .
It would be great to have a contribution from someone who understands mining but as I read it :

“o- Mined grades have increased to average 1.09 g/t Au in March to date (20 March) and are expected to further
increase into the second half of 2019 as larger, higher grade ore lodes from the Gilbeys cut back and Gilbeys
South are released and mining of the lower grade depletion zone of the Gilbeys cutback is completed.”

Is a positive sign and
“o- February production also impacted by decision to build up ROM stocks of Gilbeys high grade ore to allow a
batch treatment campaign to further reconciliation understanding. In early March 33,698 t @ 1.23 g/t Au
from Gilbeys only was processed over 5 days with ounces recovered at 92% of undiluted Resource.”
...might mean they just decided to just lump it wear all the bad news at once ....a bit in the same way Pioupiou said they decided to write down all losses in one hit ( or at least I think that was what he said) when times were tough before .

I suspect this is very much NRW’s mind now .... “close collaboration” might even mean it has had a hand in shortlisting the new company leader ? ( Again a presumption that “Recruitment for new Board Chairperson and Managing Director significantly advanced.” means a shortlist?)

..... and the potential purchaser or funder orvwhoever is out there is just waiting for the nod when/if things start to really show the straps are getting hit?


... “NRW and Gascoyne have forged a strong relationship since the commencement of mining 12 months ago with both parties aligned and firmly committed to making the necessary refinements to achieve the mining schedule. Gascoyne acknowledges and appreciates NRW’s ability to ramp up resources quickly as required, particularly with the challenges presented by the tightening availability of resources across the industry...”