so lets start on the basics...
the mill, which they no longer own, can only do 400ktpa.
to get to 300kozpa they would need to have a grade around 22gt.
the mill, they no longer own, is currently being utilised to process another companies dirt and is running about 75% capacity...
the company they sold it to took 6-8mths to refurbish it, consolidate enough ground, and to start mining open pit material.
CTO held the mill for 10yrs and couldn't turn it on....
likelihood of being a 300kozpa producer in 5yrs..??
Ann: Updated December 2018 Quarterly Activities Report, page-6
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