Ann: Castlemaine Goldfields Limited Broadcast , page-6

plough

I think your are under-estimating your talents but apologies if I misrepresented you

regarding underground tunnelling costs based on what CGT have done in distance and costs up to the end of October, the numbers come out at somewhere between $170 per tonne and $220 per tonne depending on the rough method I have used to separate tunnelling costs from other costs

the numbers estimated by the company for cash costs per ounce (nearly $800 from memory) line up reasonably well with my calculations of costs per tonne