re: Ann: Activities and Cash Flow Report ende... "is a huge...

re: Ann: Activities and Cash Flow Report ende... "is a huge bonus to the bottom line" - Boofy

Correct. As you say, saving just a few dollars in operating costs might not seem like much, but on a large scale it will add up quickly. I believe that this new turn of events could save us a few dollars per tonne in OPEX. Less grinding means less power draw, means less operating costs. Furthermore there is the potential benefit in less CAPEX as Nick alluded to.

Is it just me, or is CAP finally regaining its 2010 mojo? There is a clear strategic path now for this company. Hawsons met work is paying great dividends, the trio of tin assets is in the scoping study phase, and we have some drill targets to chase up on before the end of the year at Koonenberry. A handful of projects each at different stages - just what a minerals development company should be like.

Importantly, Nick discussed the possibility of a 3rd party coming in and getting involved in Hawsons, assumedly scalping BMG's stake if they don't pay up by May. Listen carefully at the 5.35 mark.

They certainly haven't been sitting on their hands, that's for sure. Apart from the Hughenden sale where I still believe we got the raw end of the deal, I'm quietly impressed with the progress made over the September quarter.