rainfall, page-8

mj: Yes the outcome of an extension by Magna will be the most ideal for existing shareholders. This would help preserve value for all shareholders.

I am also looking out for the production figures for November by end of this month.

Based on info given during the last AGM..

140,000 oz produced - production cost $27.00 / oz
160,000 oz produced - production cost $23.60 / oz
180,000 oz produced - production cost $21.00 / oz (we'd actually have a small profit at current price)
200,000 oz produced - production cost $19.00 / oz

Let's see what November delivers!