Management, page-110

Colin,
For oncee I have to agree with you that proof is needed on Syama UG . I have recently reduced my wifes holdings in her super in an attempt to reduce her risk profile and probably my way of acknowledging that things can go wrong (see dcn) and that she was overexposed to RSG. Still sold them at a profit if only a small one as her average is 1.03 after some savvy buying under $1 some time ago.
In my own super fund I am ok with my exposure but my average is 1.14 which is only ok and some of these were purchased at 95.5 cents, but will admit mistimed my initial purchase which i think frommemory was at 1.34.
I was going to buy more at around $1 prior to dcn news, but didn't because i ran out of funds, so maybe that could be a blessing.
I too want to see an increase on last two quarters and will be happy with anything between 25 and 35K, but I am almost 100% sure that Tabakoroni wont produce as much this quarter so Syama needs to produce improved numbers. And then the other mine which is a concern is Ravenswood and a break even senario is on the cards, but I am keen to know the long term picture. Fingers crossed and any miss will seeit below $1 i believe, and this time i may not be a buyer.

Christopher