costs, page-6

I just received an email from Kim Carter of MMN in responce to my query about costs, he stated

"An external mining study in 2003 showed a cash operating cost of $7.50 per oz of silver produced. This can change depending on whether mining is carried out by contractor, owner or dry hire."

Yes, the reference was to 2003 costs, can you believe it?

Surely they must have some up to date cash operating costs, plus he said production was expected in mid 2006,

In November 2005, the MMN newsletter said that production would begin in early 2006. When will this company produce silver, bearing in mind that back in 2003, they said it was pofitable to mine when silver reached $9, its now $13.