navy if you had a site with 500 illegal miners that were suddenly deprived of all the goodies they have enjoyed for the last 10 years a riot would ensue pretty quick, which is probably a better situation then a brokered peace like we seem to have at the moment.
I was talking to a diesel fitter I used to work with and explained the situation to him regarding the vandals, and he said if they were determined then the machine could be a total write off and that's $280k for a replacement cat 320d, so I think we may get out of this cheap if the repairs are up to standard.
strange to see no s/p movement after the jorc upgrade, we went from 287 000 oz to 868 700 oz (not including inferred oz's), which in dollar terms equals $1 363 997 992 aus, and if we were to do a deal like we did with mintails a few years back (4% of igv) we could pocket
$54 559 919 aus, and that is why the rights issue shortfall was snapped up by the sub underwriter as well as half of the placement a few days later
regards timmo
(20min delay)
