tas....where is your apology, page-38

re: hedging Thankyou for the information and debate Ladies and Gentlemen,

For those interested the hedging situation is laid out on Pg 42 of the Annual Report which you will find here.

www.lafayettemining.com/documents/Full%20Ann%20Report%20-%202005.pdf

Interesting to note that only 45% of the first years hedge is covered by the puts or upside protection the majority is at agreed.

On the bright side 28% of reserves hedged dosn't sound to bad if you say it real fast, expecially as the Grange Report says there is a good chance of increases in reserves as the pipes are usually found in clusters.

All in all enough good vibes to affect strong reasoning to the positive come the SPP in the new year.

Can J or any body confirm that the six requirements considering the spills have been attended to and have actually been signed off on, I would have thought an announcement would have been appropriate.

Cheers falko.