great jv deal, page-12

despite my gripe on what was lacking today, if they can do say 25,000 oz per year to start with at that cash cost, you are banking $10m in Mar's account vs a MC of $8m. With BCD wearing the development costs, it is one de risked bundle of joy for MAR. Look the market is a pig so oh hum. But i suppose if you are not losing your shirt in the spec end at moment you are doing well. So we have a solid business model and i would say, after today, the worst you are going to do is die of boredom from a static share price, but that beats the jesus out of the murderation going on the AZS, RXL, SIR, DRK, VOR market darlings just to mention a few.