RE:Perhaps interesting questions We are building up a nice inventory of oxides in the ground at Peranghi and they continue to add oxides to inventory from sulphide drilling at Selinsing pits.
Biox will cost us over $35 million USD just to convert sukphide concentrate to oxides.
Spending $10 million US and we can add upstream capacity to 1.5 million tons per year which can then be milled at out dormant oxide mill.
That extra 500,000 tons of oxides @1.75 gms per ton will enable an extra 20,000 to 25,000 ounces of very cheap oxide gold dore to our production .
Rubber Hill could also be developed adding more oxides.
The Biox plant adds nothing to Production.
Its not happening..