project comparisons from latest report, page-4

Centerra's webiste

They want to become a 1.5 million ounce pa gold miner.

http://www.centerragold.com/

"Centerra Gold Reports 2012 Gold Production of 387,076 ounces and Provides 2013 Guidancelatest quarter"

http://www.centerragold.com/sites/default/files/news-releases-en/cg-01142013-en.pdf

Note production guidance of 650k ounces from Kumtor in 2013 at an all in cash cost of $1060 to 1160. The other mine produced about 70k ounces in 2012.

AMX is not heading to become another $2 billion company in a hurry. But the Kumtor comparison is interesting, and is a reason why AMX must be included on the takeover watch list.

loki