Kanmantoo Copper mine ready to go ? For real ?, page-198

Hi Foyt.

I have been a cot case but thanks to the powers of modern medicine I'm sitting back at my desk with a big smile on my dial. I hope you enjoyed your time up here. I'm looking forward to celebrating my good fortune with a full to the brim glass at sunset today.

Hi AFD,

I got more done on my spread sheet in the short periods I was able to get off my back than I remembered.

It looks like if they can increase throughput to run the plant full at the target price for hedging of Au$13,500/t it could throw off circa 5.8c a share annually in free cash flow. Whilst they need a meaningful cash balance to provide for a rainy day and to reinvest a bit in Exploration apart from the capitalised exploration costs that will also come back they should be able to deliver a decent percentage of that back to the shareholders.

Bring on that 20yr mine life and find a Buried Hill bigger than the Broken and Prominent ones. A lot of study being put into the SE tenements by the Government departments to give a jump start to that.