Daniel,Agree with you that Martabe is likely sale and onwards...

Daniel,

Agree with you that Martabe is likely sale and onwards and upwards from their.

A lot of the major goldies need to replace their reserves as they have been declining year by year. This is why their has been a lot of interest in Martabe and negotiations are well advanced.

Still until banks are happy and refinance done you can't rule out sale or partial sale of PH.

I was told today that it wouldn't be unreasonable to expect cash costs at prominant hill of around 71 cents given the price of oil.