let the sellers speak, page-14

Thats a very good snack...25% in a day well done

I must be a fool, I look at the announcement today with grades for the month up to 1.6% which is a vast improvement.

If tonnage is maintained and we use say 1.3 for the qtr the net result in concentrate increases from 1818 ton to 2152 ton. If they can get grades to 1.5% you get 2459 ton.

Last fx year interest cost about $5m so with copper sales at 2152 ton to 2459 ton we should see a good result.

To put in perspective fx 07 sales 5400 ton for $46M gross ....
So 4 qtrs at 2152 should be around $73M gross ...

But then what do you believe???