Ann: Quarterly Activities Report , page-12

Nothing mentioned about 300koz Loki, though they did re-iterate that the 10mtpa upgrade study should be completed this quarter. I really couldn't see anything in the MD&A to cause a drop in the share price, though it is a long read. I think it's just gold & the market. Like you say, plenty of cash to see them through though.

Also, I don't think gold will drop to $1000oz. In the GFC it dropped by 30%. 30% off the $1900 high = $1330. Is this as bad as 2008? Maybe. Maybe not.