I don't think you need to worry about the 'bots', the price here...

I don't think you need to worry about the 'bots', the price here is set by London and Toronto.

But it is surprising how little interest there is for CNT in Oz. They have a cracking project in Egypt with a stonking minelife and plenty of growth at Sukari with further potential in the surrounding areas.

Cashed up; no debt; no hedge; 13m+ oz in the resource of which 6m oz is proven reserve. Production building up to 600k oz pa within a few years @ $364/oz cash costs.

I suppose the 50:50 JV is seen as a downer. But they get fully 100% until ALL costs are recovered (as well as ongoing costs) and then it kicks in by stages: 60% for 2012/13, 55% for 2014/15, then 50% earnings thereafter - and NO TAX!!!

Methinks, the Oz market will catch on eventually.