3rd QTR out
In FY09, we are expecting combined production from our three New Zealand
mines to be in the range of 280,000 - 300,000 ounces at a cash cost of US$425
to US$475 per ounce. We are expecting cash costs to decline further due to
higher grades from the Macraes open pit and a weaker forecast for the New
Zealand dollar against the US dollar.