what will it take , page-19

Thanks aaremms

Correct. Industry standard and the feasability have the silver credits deducted to arrive at C1 cash costs.

C1 cash costs per the last quarter was disclosed in the quarterly report and the remaining costs were determined from the quarterly cashflow report and is based on production for the quarter of 4,705 tonnes of contained copper (chibrown, I am not sure how you are determining your quarterly Cu production from).

This is not scaremongering, it is fact calculated from the information provided by DML from the quarterly report.

Out of interest the last, and only time, that DML disclosed the silver credits was in 1Q 2013. This was disclosed at $0.60/lb. This was when DML had hedges in place for a price of US$36.24/oz. The spot price of silver is now nearly half the hedge price. So I have estimated that credits will be circa $0.38/lb based on 3Q2013 production.