From the end of september Gold has stepped up from approx $1150...

From the end of september Gold has stepped up from approx $1150 to over $1300 AUD/oz and for what its worth looks like holding these prices.Apex have plans to produce 140000oz per year by 1st quarter next year and estimate costs of $700AUD/oz. Reading from the last AGM they have eliminated major debt and dropped all forward hedging. To me I figure they should have cash coming in around 60 to 80 million a year please correct me if I am wrong.Goldman Sachs, Baker Steel, MaG UK fund, TJ Mining and Mark Creasy have approx 49% shareholdings and the one thing they have in common is to make $. My biggest problem is how to get back the dilution. It is worth taking time to read the early ASX releases on there web site and see the early stages of the plan for Wiluna Wilsons and Youanmi. Hanging in there