First up, I want to see reasonable numbers from the bulk sample they process. From memory these were 3000t at 6-8 grams/ton? This gives 578 ounces or more. Need to revisit this.
Then I would like to see progress on the mine development. I don't think we expect immediately more gold from this.
Not sure but I think I read that they were planning to cut more from the reef -ceiling? Not sure how much that would be, maybe another 100mx 3mx1m=300m^3 = 600tons? This could add more ounces.
Let's see what they are coming up with, but 1000ounces expectation may be a bit high - we will need to wait 18months until full mining.
ORS Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
