And the FY12 numbers assuming:
1) 35,000 production for Svartliden as per presentation (4,417 oz hedged at $US 1,374 as per H1 FY11 report)
2) 40,000 production for Vamalla as per presentation (20,000 oz hedged at $US 1,504 as per H1 FY11 report)
3) Average $US 1,650/oz for un-hedged production
4) Average cash costs of $US 850/oz for Svartliden and $US 875/oz for Vammala
5) Ignoring currency hedging
$US 55.4m cash flow for the year.
Ann: Investor Presentation , page-3
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