I must be sounding like a broken record... unless I'm talking to...

I must be sounding like a broken record... unless I'm talking to myself.

(From Sep Qly) - est. cash outflows for next q:

- Exp & Eval: 2M
- Dev: 5M
- Prod: 13M
- Admin: 800K

Total cash outflows: 20,800,000.00

(From AGM) - C.Baird: "um, err, we will do 70 to... 75 to 80k ozs for the CY"

Ozs so far in 2010: 55,793ozs

So, even if only 75k ozs for CY... less 55,793 already produced = 19,207 ozs @ (conservative)$1350 p/oz = $25,929,450 less cash outflows 20,800,000 = Net profit for Q of $5.1M... And, if they sell most of the Q's production this month add another mill or two due to AUD POG... and if they get to 80K, add another 4 or 5 mill.

Can't see this Q being anything but best ever...


Cheers.

C12


PS: not ramping; still haven't got out of other stock to fully load up in FML - i should just shut up