agm

well - meeting proceeded to plan Ashley caught up in US traffic debacles.
Presentation by Jardine up on web . Some thoughts and observations.
news re completion of Implementation study should hit end May early June - and Plant commissioning in 3r q 08 with production 4th q 08. With the adding of one site after the other.
Operational plans are detailed and personnel retained.
in answer to shareholders question -Cost of production targetted at 500/0z
this means what is really crucial here as always is POG. if indeed the conservative forecasters are correct 1100 by end of year there is plenty of profit margin. If it goes higher - well bonus. IMHO they've got everything covered - all hinges on POG.
No discussion of current SP. (and I didn't spot any little green men either - well I'm happy to buy some more as I become able. A