question for any who can, page-2

Try and understand whats happening at the Mount Cuzo. They aint focusing on upping the size atm ........they wanna fast -track production from it.

There's enuff for base case at 15 mill lbs and it looks to be sitting inside an existing ML .........the infill is to get it to JORC reserves status so can finish the feasibility and make an internal decision to go, so they can THEN APPLY FOR A PERMIT.

If you have 7+ years reserves at project 2 mill lbs pa, u have plenty of time to then continue to drill-increase size whilst raking in around 200 mill pa gross cashflows from the entree (spot prices)

Any size increase now will be small ......... but it will be upped to JORC reserve status and ready to rock subject to enviros etc. And with the capex cash in hand, u know our boys dont muck about, they will start securing the bits whilst the application is in progress. This time tho we will have a plant complex infrastructure already sitting there down the road.

2008 start aint outa the question ...... its political and we are likely to be in the limelight and crossfire.

CMR is gonna be finding new U ongoing in the jungle for many years to come ........ they just have to drill the craap out of it as GT said, following the sniffs and Kylie just gave us one decent one. Imagine a kilometre or so strike and u think u can define a Ranger with a single hole a few inches wide? Back to kinda with ya Cuza. At least we know thats its the prime mellow yellow sitting here.

IMBOOC