I thought the same until I read the report in its entirety. They...

I thought the same until I read the report in its entirety. They are discounting by up to 90% of some of the production, and 75% of other bits. Also, have attributed zero to Botswana. Worth a read. I think this is positive, as the upside is likely to be more than twice what they say for 2012. Also interesting to look at the pie chart comparisions - how the markets have shifted so markedly to China and India, another factor in our favour. Just my opinion, and time, along with world events will tell.