Well spoke to Mark, the conversation drifted a bit onto gold as it appears both Ashely and Creasy are very bullish on gold for the next year... but thats probably to be expected.
These are the major points I thought were important.
1) He said that Apex was now meeting its previously outlined targets.
2) He did not want to comment on the cash costs but I'm assuming that he was referring to production levels and ore supply. I asked him if the cash costs from 2007 of approx $650poz was included in these objectives and he wouldn't say.
3)He denied the rumors that the plant was suffering from numerous problems. He said that to the best of his knowledge it was operating as per usual.
4)He could not explain the recent share price movements, he is not a trader.
So all in all not really anything specific to go by... I don't think that he could really say anything that is not already released to the market. The part about the targets being met was comforting but I don't think that the current target cost per ounce is what was stated back in 2007.
Regards,
Mack
On a positive note the SP seems to be recovering somewhat today...
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