destined for further share price decline, page-59

frosty

Thanks for sharing. A couple of question about your comment

"simberi operation costs lowered every quarter. process improvements are on track. expect cost of production to be around 1000 by dec q."

Does the estimated cost of production relate to AISC or just cash costs? And is that $1000 figure for the Simberi mine or the average cost across all the three remaining operational mines?

I just want to add that when I spoke with them about how things were progressing in the pacific island operations back in January they gave me an upbeat story which turned out to be bulldust.

loki