When I spoke with Dave Fielding at the RIU Conference in Freo, he said the trial mining would make a profit despite some early problems such as the unexpected need for blasting. We won't know the overall rate of return of trial mining until the completion of stage 1 later this month. Probably about the end of May before they can announce the outcome of the trial, though the company has stated the trial was cash positive at the time of the presentation 6 weeks ago.
Ann: MOU to Plan Restart at Red October, page-4
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