pru still a favourite., page-9

Thanks Plonka, you are right.
Mining at CAGP commences
March 2011 I think.

"As a pre-requisite for drawing funds
under the facility, contracts for the
forward sales of 170,000 ounces of
gold in the period from March 2012
to December 2014 were entered
at an average price of US$1,240.70
per ounce. This amount of gold
price hedging is sufficient to enable
the Company to draw US$65M of
the US$85M available under the
project loan facility. This amount
equates to approximately 8% of the
gold contained in current Mineral
Reserves at the CAGP and about
23% of forecast gold production
in the period from March 2012 to
December 2014."