cash outflows does not include expected operational costs for...

cash outflows does not include expected operational costs for mill. I guess it's hard to estimate when there is so little precedent but the estimate should be tied roughly to $600 AUD/ ounce. On that guidance one would expect mill operational costs to be about 4.5 million. Total estimated outflows say 5 million. Total gold produced = 7500 ounces or 4.3 million net profit. Tax etc and you may see a profit statement of somewhere between 3-3.5 million for the quarter.

It is these sorts of figures that us shareholders are very keen to see.

Did anyone notice all the new tenements acquired by AAM. More exploration I think.

GC