YMYC, page-6

Hi T7, as you know I totally agree with your sentiments re the optionality in this stock, but clearly the ongoing delays are not helping the story. I am thinking through the potential outcomes we may hear in the next few weeks/month. What do you think happens if the company announces that the plant is running to spec, but they've drawn down on the $8m Sprott facility, operating costs are as expected at sub $400/oz, but FY13 production guidance is lowered to ~40k oz (from 75k oz currently)? As I haven't watched this story as closely as some of you in recent years, will the market remain skeptical (especially given management's propensity to over promise and under deliver) and be disappointed by the lower guidance OR will the market reward the fact that the mine is finally operating to spec? Your thoughts would very much be appreciated.