Ann: Details of Share Placement, page-27

kojak - I think I heard Peter Stern say in his recent presentation that the old Troy management thought they had bought a 4g/t operation at Karouni but it turns out it was a 2g/t operation. At 4g/t Troy would have made a killing even with the size of the plant they built. In other words they thought that the size of the plant would be big enough to run profitably at Karouni. I am fairly sure he also said that the breakeven grade for the plant is about 3.2g/t. If they can blend some higher grade Ohio Creek ore with the lower grade stuff from closer to the mill then they will be raking in the cash and also have a respectable life of mine.