Done some more reading and research today ($ are USD)mine profit...

Done some more reading and research today ($ are USD)

mine profit after C1 cash cost = $208m for the qtr

mine profit after total cash costs (excl D & A) = $192m for the qtr

processing plant ran at 25% above name plate capacity for the qtr

copper grades are expected to get better in H2 (mind you 1.1% is not bad)

A change to my previous post - the mine study should be completed by year end.

Inferred resource for C is for approx 80% of the ore body. With a copper grade of 1.31% for 2.7mt Cu - this is very very good. You do not normally get a large & high grade copper deposit. (You normally get one or the other). Also the resource includes 55,000t of Uranium - as a by product!!

The SMH this morning indicated that Cambodia may be sold as it has not met expectation. Sale price could be between $40m and $120m.

HT1