help, page-12

I have no doubt the costs will come down it's just a matter of to where. Dec qtly will tell us, issue is that they don't have much cash left and no one is likely to give them any more debt in this market.

I reckon they will have to do an equity raising to close out the 80M

The 90c is a life of mine number as well which means an average over 8 years at todays prices so there is likely to be efficiency gains built in in later years meaning that they would likely expect their costs to trend above this in the short term.

Lets wait for Q4, if they are cashflow positive for the quater they should be OK