lokiBH makes some interesting comments and...

loki

BH makes some interesting comments and references:
http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=884467#4079353
But by the looks of it anything can happen.

In terms of cost, the last qrtly shows:
Total cash (incl. Homestead) $1,058 per oz

Homestead:
Estimated total cash cost of $598 per oz includes $13.1M capital costs for initial development
and infrastructure, $1.25M of which has been expended on acquiring infrastructure assets
from a recently closed nickel mine. - March

During the last Quarter:
$3.61M was expended on Homestead infrastructure and decline development.

Which means only approx $5mill has been spent so far and therefore over the next four months another $5-8mill will be spent to bring Homestead online. Next qtrly will most likely be worse in terms of profit unless the Au gold price rises.

I agree the company has nice long term potential esp next year.