pfs or back of envelope, page-34

Lets not get upset now about ST.

Some people just like taking the negative side of things. His arguments are usually rational.

Can I just remind everyone of AD's quote on the new JORC mentioned the mine to "be in production in late 2010". This is the first time the company has mentioned which side of the year they expect to be in production. It seems a set back from the expectation of 3mt in their first year AND they are looking to be mining in 2010.

The production timeline will become a lot more transparent next month when the scoping study is released.