Processing 85 tpd at 4.5 grams per tonne will, at THE VERY BEST...

Processing 85 tpd at 4.5 grams per tonne will, at THE VERY BEST process

17,595 grams of gold per qtr. for a real gold return of around 500 ozs.

Given that not a gold plant on earth can recover 100% of ore processed,

nor is any gold, that has not been refined, better than 96% pure,

at times only 90% purity, that would leave them with a shortfall

of (APPROX) $800,000 per qtr?

We  all know from AUL cashflow report, that they have staff , admin and corp costs of $1.1 mill,

per qtr, but NO INDICATION of mining costs, (nor who is doing the mining).

Mining isn't cheap, and knowing how much fuel, parts, labour,

tyres, consumables, explosives etc are used, even in a small mine,

looking at in excess of $600,000 per qtr, additional to the $1.1 mill. to mine.