I was talking about the GUJO options...Which for all intents and...

I was talking about the GUJO options...

Which for all intents and purposes now are in fact INR options.

As for "when production starts"...as of friday, GUJ is now a producer via INR, who are currently producing close to 1mpta and will be able to significantly ramp this is up with at least another .5mpta from Elouera almost immediately...and potentially another 1mtpa by years end.

INR should be producing 2-3mtpa within as little as 6 months.

We then have ramp-up and of course the minerals assets to consider...which I still expect to be spun-out once Cethana has been drilled.

Clearly they will want to see what may be there before spinning it out, in light of which, PLV's recent "confirmed porphyry" results from drilling nearby have been all but missed by the market.

Cethana holds the potential to be a compnay maker of it's own right...a shame therefore it was asset stripped to the tune of 80% prior to the takeover.

Even so, a decent hit and even 20% will add significant value to any minerals spin-off.

Cheers!