qrtly out. cash flow posi. 537 op cost per oz, page-4

Hey Rod,, dont worry about the cash costs as these will come down this quarter. More money would have been spent in the sept quarter when setting up for the stoping etc. As a calculation, the project to date would be ~$500 per ounce.

When i say dont worry about the cash costs, I mean that at these levels, they are operating very efficiently and with increased production, avergage costs should come down. I liked the intercepts they announced and I am looking forward to hearing about the new projects like The Mount and the increased size of Perceverence. I would rather be in the FML camp than one that needs cash at the moment so i think all is good. Watch for the share price between now and x-mass...just hope no bugger comes along for a take over in the mean time!