Sorry I forgot something that should be in our favour. Cash costs will be lower in the qtr due to fact that we are producing from stockpiles in mali. Note that it would impact AISC as those actual costs are sitting in the balance sheet as capital and will be expenced in this qtr.
Talking with RSG they will consider hedging/puts once they determine their capital needs for the next stage of development and what is best source for that capital. ( Banks may require it) Current stockpiles are sufficient through to mid 2017.
They plan to do the underground dev and power connection together.
Analyst View, page-24
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