Ann: Completion Xstrata Review , page-4

big mahn,

As with most PGI announcements it pays to read it carefully.

The announcement referred to $30m operational expenses. You will need to add corporate and financing along with costs associated with further project development/ extending LL life before estimating profitability. If you assume only $4m for these (to arrive at your $30m profit) then i think you may be disappointed.

PGI reminds me of the picture of a donkey walking down the road with a man dangling a carrot on the end of a fishing pole in front of it... always just out of reach of the donkey.

Here's hoping another year will see shareholders finally rewarded...

Cheers
John