RE:Estimated Forward Quarterly Production What is also signifucant about these mine construction activities is that the cost of this planned 5 bench Phase 2 expansion of the SJ pit was supposed to be largely covered by the HKEX IPO.
Yet, it has been paid todate from internal cash flow funds from mostly low grade stockpile ore which in addition has generated surplus cash flow to our balance sheet.
This achievement once again shows how efficient the SJ mill is in extracting almost every molecule of gold that is mined .
Once significant volumes of high grade ore begin to boost the head grade, our cash flows will quickly rise as will our cash position..