From the last Quarterly: "During the quarter, a total of 349 tonnes of Direct Shippable Ore ("DSO") was produced, by hand sorting. However during this period it was recognised that a hand sorting program would not be sufficient to achieve forward production targets, both in terms of volume and grade."
I for one will be keeping a keen eye out for news on the commissioning of the second washing/density separation plant. They clearly know what they need to do and they're all over it, I'd say. If the most recent and the ensuing shipments are of a suitable size and grade, this could turn around quickly. Then add a bit of LOM extension if the exploration target right next to Macy comes through. Fingers crossed.
SL1 Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held