sbl vs nmg

Hi all,

I just received a news update which showed noble just raised $34 mill.

http://www.perthnow.com.au/business/wa-company-news/noble-mineral-resources-raises-34m-for-ghana-gold-project/story-e6frg2s3-1226157287289

I dont follow MNG so just checked our latest presentation and it includes comparison to NMG on the EV/resource slide. We are much cheaper than them.

Does anyone follow NMG? Looks like their SP has been smashed lately also, so not just SBL.

They have higher EV/resource to SBL but the article says they are proposing to produce 150,000 ounces per annum.

We are targeting 350,000 tonnes. How many ounces does this equate to?

Their cash cost is expected to be $600-$650 ounce. What is ours? I guess our production update will provide this?

Cheers guys.

PS i'm not ramping NMG as I dont own them, just interested as I just received news article on them and they are gold in ghana.