regarding buyback, page-5

i would suspect in 6 months time when production is up and the need for large sums for immediate development have reduced,with pits and underground online,when g/ton take a big kick upwards and the free cash really starts to roll in,when the shareprice lags reality and the company is at its most vulnerable from predators,
THEN YOU WILL SEE A SHARE BUYBACK.

I suspect it would be a smart move to announce that at the next meeting,so everyone can forget about it(announcement) in the meantime,until those conditions arrive.