Ann: Quarterly Activities Report , page-6

What is encouraging is that they are reducing staff at the operations, so the upgrades they are talking about is replacing people with machines which is always more profitable and alot more stable given the labour environment in SA. Plus lets not forget they are looking at a bigger picture for some Uranium. Not sure to what extent or how that will translate into profit. But the Chinese didnt buy 89% for empire building. THey have a plan but it generally takes time to develop they dont rush to achieve goals. Slow and steadt she goes. Also doubt gold will go under 1600/oz for the next 5 years. Lets not forget just because the media isnt harping on it lately, US and Europe still have massive debts to resolve and that takes decades on a year or two to fix. Even if the economies start growing they still need to find a way to start paying down debt and that takes a long time.