LVR leviathan resources limited

looks good

  1. cy7
    930 Posts.
    What do people think - reads okay to me.

    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
 
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Currently unlisted public company.

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