Arbroath,I was also looking at the numbers I have been compiling...

Arbroath,

I was also looking at the numbers I have been compiling and I come up with a Net Profit BEFORE Tax of $49m.

I am basing my numbers on the run rate from the latest quarterly which was $1123 for operating costs and $220 per ounce for capital and other costs as well.

Are you expecting these to be $1120 combined? If so, I think you may be a little bit optimistic but over the course of the year I would expect it to come down from the high numbers at present.

If they can get them down to $1200 combined on averaged then I think we are looking at $100m free cashflow from operations after overheads which is the figure that has me excited.

Here's hoping the quarterly due out later in the month shows some improvement.