delay, page-5

I must say, I am bitterly disappointed by this delay. You can sugar coat it all you like, but any delay is a sign of poor planning from the company.

"The Company had previously advised that it expected the PFS to be completed in late March/early April." <--- I don't know where they get "early April" from. The previous advice to the market was "The Pre-feasibility Study is due for completion by the end of March 2011." They might have advised their bum chum analyst mates, but they hadn't advised the market.

"...it is now expected that completion date will be May 2011." <--- That probably means END of May 2011. So three months to go.

Anyhow, we shall sit and wait.

Good results though.