Toothie suggest you look at page 35 of their presentation, sums...

Toothie suggest you look at page 35 of their presentation, sums up their growth plans and their plans to lower average costs.

Of course you have a better plan than theirs in which case I would love to hear it!

Unfortunately capital investment is part of being in business, you cant stand still, you have to upgrade what you have and look to invest in growth opportunities, like underground at Haile, to produce future profits. They look at the business rather than than the share price to guide their decisions.

They have struggled because of he political nonsense in the Philippines but they have been working on a strategy to mitigate that. If Ph comes back on line well and good, but with the nutcases in that country who can tell, so you work on an alternative.