more detailed estimates for cy13, page-9

Great post Beer Baron !

Thanks for putting in the work and sharing it with us all.

Can I ask if your revenue figures including the fact that we will be selling 65000oz for the next three years at $1600 from our Gold hedge.

Selling these ounces at $1600 rather than at $1420 adds almost $12 million extra to the coffers each year.

If we pay back the $72 million of debt that the company said it would, by the end of the year, do you think there is a chance of head office giving us a nice dividend ? If so, what's your educated guess of the amount ?

Even if they don't, we should be debt free within 18 months by my reckoning.

That's pretty good going in my book.

Thanks again...