get a grip, page-33

Jetson, firstly, let's hope it isn't in the bank, or they can't meet their hedge.

Secondly, I've posted already as to why I think the cash costs, on lower grades, could be $22/oz, in reply to a poster who was postulating 1.5m oz p.a. At that production rate, other costs of $15/oz wouldn't be unreasonable. What's your estimate?

Thirdly, these are clearly only opinions, not wild facts. The company won't give us facts - not the grades, or the production, or the costs - but I bet my guess is more accurate than Rutz's.

Fourthly, no, not a holder. I was waiting to see what the costs were and to see production close to the forecast of 2.5m oz p.a. Experience with producers tells me that's a good move. Naturally, you are welcome to disagree.