thoughts on panton sale?, page-30

Hi elgaes

Have to pull you up on your mine life comment. I am not in front of my spreadsheet but from memory they management had forecast a five year life for smokey hills @90,000oz per year, with some opportunity for extending. Given its taken three years to extract about one years worth of oz, then I figure the life of the mine should run through to the end of 2016 (from memory) please dyor, but you should see the numbers line up (just exclude the Crome tailings which were processed last year).

Out of interest have you ever spoken to management? You seem more technical than fundamental - right?

Cheers

Gud