I liked the qtrly update and new mob should keep us updated on...

I liked the qtrly update and new mob should keep us updated on the new model. New MD has 6 months to turn this around. I'm sitting on 6c average, happy to hold until the last bullet is fired. Talk of lower strip is encouraging. Need to hit top production targets and Norton pay us on time.

On M&A:
The average paid in 133 transactions in the three months to June 2016 was $US64 an ounce of gold equivalent in the ground, up from $US36 in the first quarter of 2016, as buyers factor in better long-term price expectations, according to Bloomberg Intelligence. (AFR 1 Aug. 2016).