New to NGF, just having a preliminary look and appears value to...

New to NGF, just having a preliminary look and appears value to be had.

One query, I noted in the hong kong presentation, the mine plan indicates they are mining reserves with 2-3g/t grade, whilst the average grade milled for the Dec 11 quarter was closer to 1.2g/t.

Are we expecting big production this qtr, or are they just currently mining a the lower grade parts of these reserves?..

Market has handed it a fairly mediocre valuation, is the excuse for high cash cost a continual thing or are they getting close to sorting themselves out? If they could keep costs below $1000 which surely they would not have decided to go mining if they could not, NGF will generate some serious cash..