late report, page-20

jerome1 it is the same code as for the TSX: AVM

KKR, it is a bit hard to predict really especially when so much concentrate is still sitting on a pad at Kulu!

What did others make of the conference call this morning?
On the downside, I thought that things have slipped a bit (timelines) now looking at full Kinsevere commissioning (with EAF) around June and stage II (SX-EW) towards the end of next year dispite the recent presentation slides indicating Q1 2008. On the plus side, might commit to stage III (ie, expand t0 120k t/yr SX-EW early next year. Building road from Kilwa to ship Dikulushi ore to Kinsevere EAF once SX-EW kicks in - this should add significantly to margins.

This is a monster - it all comes down to how long you can hold.