big swooper, page-21

re: being re-rated jeb , this is my take.

"its a buy"

mt garnet costs down from 10mio to 7mio for the copper circuit they have a lot of cooper and zinc stockpiled ofr processing in uly or 2nd half. thus cost incurred now revenue in second half


Balcooma lens should expect a major resource upgrade in the next few months .


mangaana +zinc/copper looks promissing but more owrk to be done

gold resource at 1.94mio tonnes at 2.47 per tonnes, not sure what they need it to be vaiable but will check tomorrow . i feel they are beiing conservative,

as with molybdenum.......Im with you jeb i havent got a clue

Looks iek they are making cash operating aud30c per pound. Liketheir cash operating cost and looks to get less


4mio in cash plus stock piled minerals of 7mio lus about another 14mio about to be put throught the pricesseor.


that equates about 25mio of avaible income /cash with ilttle outgoings .

i think this is a cracker. it might come off a bit tomorrow as al the annaulist (as i call them look at it ).

they key issue is how do they fund mungaana . i feel they ahve that covered but will wait ofr the reasource upgrades.

I bought more today , and will buy more tomorrow if it comes off .

they are set up to for

low cost production and god revenue stream which will pay a some nice divies in tme to come .

god luck all