Hi All,
Agree with Wombat - Convertible note Tranche 1 & possibly 2 looks like 4.8c so far. Unless we dip before next Friday.
bdell - good point with the plant stockpiling for wet season. I haven't run any numbers on the accumulation recently - has anyone estimated the stockpile accumulation (per day) since they started the new lease. If we compare to the average tonnage per day processed, we should be able to simply work out what the accumulation will be per day and then work out net of new processing. This assumes constant level of spoil, but better than nothing. I for one wonder if they'll have enough for wet season. Might be a good question for the EGM. If no-one else has, I might run these numbers too, but not today.
Finally, I'm not happy at all with today's price movement. Well done with those who have been accumulating. I think my cash will come in to grab some more on Friday or possibly even next week, always seems to be the case for me - just too late.
Cheers
Capt
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