Fixed forward sales 46,335 oz @ $608 Sold call options 10,000 oz @ $630 Hedge book will be depleted by May 2006 No plans to put further hedging in place
Cash costs in the month of September were at planned levels of $380/oz. CY 06 targets Stawell Gold Mine: 130,000oz gold production @ < $380/oz cash costs.
80.7 mil shares Managing Director 502,362 shares -- including 11,404 @ 74c on 101105 and 3,596 @ 74c on 111105
Top 5 shareholders: (Sept 05) Lion Selection Group 16.5% Merrill Lynch 10.7% Acorn Capital 6.3% AuSelect 5.0% Mathews Capital 3.1
LVR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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