AJ your back, go on dip your toe back in. You know you want to....

AJ your back, go on dip your toe back in. You know you want to.

The previous operator put the deflector ore through a standard gold plant, lost the gold out the back and went broke. There are multiple operations that produce concentrate in WA and it would not have got past feasibility study phase and received finance from CS and the gold streamers unless testing and due diligence was completed on ore samples. Make sense?

Good thing about this operation is a lot of very expensive infrastructure is in place. (tailings dam, haul roads, camp, power station ect. Re-kit the mill, upgrade the accommodation and send in the grader and your away. (kind of)

The only thing I doubt is the cash numbers to get back up and running. Would expect quite a few more million to be added to the bill but still extremely low cap ex for Deflectors resource with potential huge upside in exploration
Also similar concentrate in currently being shipped through Geraldton Port in half height sea containers. Not a big distance from Deflector.

Many positives for an increase in resource, recovery in gold price and a possible take over/buyout. As long as I get 20c per share I will be happy.

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