Csd average costs?, page-10

Very realistic appraisal "Boy Wonder". I think the other point to add is the importance of the Wanguo drilling programmes (there are two of them).

If the regional programme is successful (there are milestones) it wouldn't surprise me if another processing plant would be a consideration given the tonnage that they are looking to end up with a total JORC 2012 compliant resource of circa 45,000,000 tonnes between the copper at Kaiser Bill and the Polymetallic Ore at Chloe/Jackson/Stella

There is a lot of activity in North Queensland with RVR, ATE and MMG's Dugald River project. Clearly thae A$ is helping producers offset in part the heavy falls in the underlying metal. I personally expect a lower currency than where we currently sit. Some educated FX colleagues reckon we go MUCH lower. We shall see!!