Ann: June 2010 Quarterly Report , page-4

Not looking good, if recovery and grade drops it will make it hard. Also against AXM is the high aussie dollar and maybe a lower gold price. With current gold spot price and projected costs of $23.55M apex need to pour 18000oz's next quarter. The sell of Youanmi and then Gidgee could drag this one out until the end of next year. Alot quicker if the gold price drops under a $1000.

Whats going to happen on Monday! under 2cents