china and gold , page-64

Hi loki

Re divvy-I'm talking F14/15.

No Murchison-lets see where the $AUD is at ( Deutsche say under.70c-one can't be selective when choosing Instos to support their agendas-ie, macbank and Deutsche were quoted by your good self as purporting SP of @30/33C a while back,still could happen though!)

"Real AISC":

I'm of the opinion without Murch the cost appraisal (Q1-F14) will be significant/encouragingly lower!

Company doesn't need to spend money on exploration-just get the INTEGRA contribution prioritized!!!

POG:

Anyones guess but its comforting SLR is 30%+ of projected processing (next 12 months) derisked through hedging!

So, imo lots of cash and no debt at end of F14/15 and either be taken out or divvy is on the cards...."$25-40 mill" is not a lot as I see it in what the CO will make that year and I'm only talking a once off!

Ps:yah-miss rowingboats posts-concise/researched/objective!