Ann: Sugarloaf Production Update , page-4

I got it re-valued on todays numbers currently at a 1.29 short term target, with 1.36 end of 2010 . Thats subject to change and only my opinion.

Thats a downgrade as Easely is lower then id projected. The turnbuls are still total projections so lots will change, plyus the July reserve upgrade may make a decent difference.

euroz have 1.18 target which is very very conservative, on the basis used. Still a lot of risk factoreed in and little upside built into target, which is wise in current market.

Pattersons will be due for an upgrade now , but id assume they will wait for the reserve analysis in July.