re: oversold but what about mine life And balance sheet looks...

re: oversold but what about mine life And balance sheet looks quite weak - particularly the large trade creditors etc payables.

Cashflow is improving somewhat, but total costs (ie including D&A) likely to remain well over AUD600 oz, so headline profit will remain modest.

Needs to improve grade to consistently do 30,000 oz a quarter and add at least another 200,000 oz of quality reserves.

angus