costs and grade are totally different. Grade effects unit costs...

costs and grade are totally different. Grade effects unit costs but not costs.

For the quarter they had much higher unit costs than hoped but this was caused by grade. They are addressing this problem.

EQN has a big project in Zambia and costs will probably be under $1 but will be substantially above the BFS. Their are however not too many new projects better than this one. However government tax changes will probably discourage any new projects in this country.

The Congo probably has some potentially low cost projects mainly because no one is game enough to develop there .