5 businees days to go

What are my expectations for the Friday Quarterly?

1. Increase in reserves for both Garatau and Tubatse

2. Final BFS completed.

3. Major reduction in Capex and operating costs

4. SRK report well advanced but not yet completed

5. Final BFS and progressive SRK reports sent to Xstrata

6. Decision Date for JV given to Xstrata

7. Acknowledgement by Xstrata to review the Final BFS and consultant's report by ( late August) but NO JV will be communicated.


The above are my views on possible reporting. No doubt others may disagree or have a different stance.

The key thing is that finally we may gain a better appreciation of .......what has been going on during this prolonged period of silence by both parties.