Could have been worse- at least there's a profit (small) and a dividend, also small.
If gold production for 2011 comes in at 100,000 oz, with lower costs and probable higher gold price (and with the hedge on 15000 oz paid out) looks like the 2011 result will be closer (and could be better than) the 2009.
So share price should recover from here IMO to 2009 levels- and that's a good way up.
Ann: Preliminary Final Report , page-2
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