Answers to your questions1. By april next yr they will be mining...

Answers to your questions

1. By april next yr they will be mining from four different mines

2. Yes, i think the next two quaterlies will be the key. At the moment have a rights issue overhang. Institution selling shares for a profit

3. The more the company produces each month the less the production cost. At 140,000 ounces, i would say $800 would be easily achievable. So $400 an ounce profit at 140,0000 = 56m a yr. The qualifying statement is this will most likely be achieved after April, hence the share price. Still a lot of risk to get to that production

Hope that helps