Ann: Quarterly Activities Report, page-26

Hi Lion2009,

It's not a miner's fault if you as an investor don't understand the difference between C1 costs and an all-in break even price.

There is no right or wrong measure as some would have you believe, it depends entirely on what you are wanting to measure.

Quarterly made note of the Hanlong shares, will be interesting to see how they are dealt with.

$21m in the bank and cash burn of $7m budgeted for the June 2015 qtr, leaving $14m in the bank at EOFY.

IMO they will be starting to enquire about working capital funding again towards the end of the September 2015 quarter.

Cheers!