WorzelMy comments re on time and budget were more in relation to...

Worzel

My comments re on time and budget were more in relation to delivering Modder in terms of CAPEX etc.

Sure no one would argue they will fall short of the initial forecast of 85-100k ounce target for 2010, due to the strike and slower progress on adding panels etc. slower than expected ramp up is an irritant short term but not significant in the bigger picture with the pog still climbing?

The key one to watch for me is the increase in monthly production(7400 ounces in Sept) and the decreasing cash costs(which if you allow for the exchange rate difference of ZAR to USD is largely on track to full year guidance).

Also very happy to see a cash flow positive quarter under our belt.

We now have a operation that is derisked considerably since i purchased 6-9 months ago. Still some risks attached though and some way to go to reach the name plate production but certainly on the right track IMO.