cheer up fellas

All is not Gloom

March will be the worst month for the POG

So in a month or so things will start to pick up

Apart from the Write downs in the Half yearly

the balance sheet was square

Prod costs were $971
The POG was $1618

Current costs are $770
The current POG average is about $1640

Exploration will be cut $4 million for the half

So with 65000 oz for the half
and no more write downs

So the profit for this half should be over $18 million
in less than a year we should be getting close to 100000 oz
for the half year

Be brave buy up big while you can

IMOO