cto - profit announcement, page-8

G'Day Katumbus,

Here is my comments. I will not disappoint u :)

You are happy the company made around 170 000$?

Let me see: the company promised 100,000 per annum a few years ago...say three year ago and also they promise they can mine with only 450$ cost. Let us say 700$ profit (I am taking very low profit here)...

100,000 X 500$ = 70 Million$ profit per year!!!!! and the mine is gonna last for 30 years!!

So, why the company is begging the chiness for 1 Million$?
Why u are happy about 170,000$ if u were expecting 70 Million$

By the way, maybe the profit is due to the fact they do the spp more efficient now since they do it very often!

Seriously, the 170 000$ profit is just playing with numbers...the real question is where is the 100,000 ounces?

Katumbus: Show me the 100,000 Ounces and then let us talk!!!! You know, I give u 50% discount...show me 50,000 ounces per annum...I will be happy for you and if u visit Sydney (if u are not in Sydney), I will be glad to invite u for a drink :).