Yes the rate of production increase over 2007 to 2009 is not great. I'm sure the SXEW plant for Kulu will happen although the predicted operating costs of 49c/lb look high esp if it doesn't include the CapEx for it. BT will probably be true to his word about doing a staged development for Kinsevere so HMS plant first. Hopefully the market will start to rate us on proven reserves - we should get a full reserves statement in the printed Annual Report in April.
AVM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
