big c, page-10

Thank you H for mentioning the open pit study; I was wondering whether it had slipped off the radar.

The later reports don't seem to mention it. This will add another source of production to HT's production development programme; TU HT1.

As for the buy; I wonder for the immediate future. Wasn't there a suggesion in some previous report I can't quote the source ) that share consolidations may result in an easing of the share price; due to temporary buyer confusion. Opportunistic buying may be the go after the consolidation, capital return and compensating buy back. Otherwise I am quite content to hold. And I wonder whether the NPAT will be sufficient for a 4 cent unfranked div in Sept.

Thanks again HT and H. HC42