SMM 12.5% 0.4¢ somerset minerals limited

plough also as someone above posted - cash costs will be reduced...

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    plough

    also as someone above posted - cash costs will be reduced to around $1.30 /lb by year end and even further again when some open pit mining will be introduced.

    Sounds like EBITDA for FY 2009 will be substantially greater than the $50 mill .. and the DA part only amounted to $188,000
    for the 12 months over FY 2007 .. so peanuts - although an extra ball mill will obviously increase this slightly.



 
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