dropped the ball last october the vaunted front page article forecast year end production of 500 oz mo. At that time Slavik was focused on anything BUT production. he seems to have gone off the deep end last summer/fall/winter. Bad equipment was bought, 3x production capacity was promised by Johann Coatzee than was possible from the used equipment we ended up buying, and by the time real production was attempted, the money had run out due to many bad decisions.
However, all might have been saved had the capital markets been kinder. I can't for the life of me figure out how at $1500-1900 gold seemingly NO one is willing to lend money or invest money into junior miners. The capital starvation is what is killing us off.