So the update looks pretty good. I did a rough spreadsheet and...

So the update looks pretty good.

I did a rough spreadsheet and calculated that, at current gold price (mid 1200's) and grade (2g/t) , we're sitting right on the $US25/tonne level. At higher grades or gold price you start looking at bonus payments kicking in. In a perfect world (say gold price of $1400 and grades of 3g/t) you start looking at high $40's per tonne. That's not where things are now but that's the potential upside.

So 6000t/ month gives 150K/ month income at current price and grade.
14-15000t/ month gives 350K month income (or better).

That's a good baseline- if for some reason they did do a raise later on it should be for expansionary purposes, not just for survival.