solid progress at evg

The December quarterly is a solid document which suggests we are bang on target both time and budgetary wise.

The figures as given certainly back up the analysis document done by JID...so that 14 bagger is well and truly out there for the taking.

I did note that the Trujillo project in Peru is now to be given some forward impetus by seeking environmental approvals.

Most of all, ther is some comfort in knowimg that we have forward sold 126,000 oz @ US$1,358...a locked in profit of around $115m or 15.4c a share on a fully diluted basis.

That's more than the current SP and there's still another 70% of Au to be pulled out of LL, not to mention Azuay, San Gerardo, Trujillo etc etc!