sell orders, page-16

folks
here we go - Foster is correct
1. Vat is to be offset against taxes including royalties /pay roll tax etc. The cash costs will still be disclosed these costs (royaltis etc ) in them but they wont actually have to be paid and this will be refl;ected in cash accumulation. Estimated saving approx 5-6m per quarter - that part I liked as that is very significant anmd the equiv to over 100 per ounce cash flow improvement
2. Edikan progress going very well, with recovery rates going strong. Very good vibe about progress and falling costs. New Metallurgical specialsit doing good work
3 Ivory Coast project being re evaluated with news IC govt has passed to law new tax regime which emiliminates the risks that were feared last year. ( company confirming law has been passed ) Project is being re evaluated with trials of different metalurgical processes. The point was made this project wasn't on hold due to gold price as it is still profitable at low gold price, but more to do with fiscal regime

Guys, we all new that PRU was getting a credit treasury note, but until the fosters report in never clocked how that would work. now that I understand, for all practical purposes its the same as gold being 100 higher or costs 100 dollars lower.

this in my view is a very strong buy