goldoz ti brief, page-17

Hi You All

Big Sp scarecrow -- $900 +, Cost per oz , SCARY

Not surprising, with Underground narrow vein mining by contractors , and that dirt, mixed with low grade open pit and stockpile .

Have I got that right ?

Diluting already expensive dirt .YIKES

Rock chips and waiting for drill core assay results doesn't get the punters jumping out of trees to buy NOW, any more

IMHO that comes under the heading of NEWS and any surge usually fattens the DT's quicktime, before retreating

Methinks there would have to be evidence of a re-org that drops cost per Oz,(owner instead of contract underground mining) and an improved mill feed Oz per ton ,before a sustainable SP rise of any note

Higher grade OP mill feed would be beaut.

I have no doubt FML management are on the JOB and will present a very much improved result for CY 2011 at the next AGM

I'm prepared to hold now or buy below 5.0 - Then Sell at 20.0 ( I WISH)

Cheers