ebidta forecast etc..., page-7

Just weighing the short-term pros and cons:

against:
- net loss of -9 mill
- zinc build +17000t tomorrow on Kitco I think

for:
- resource upgrades Jan 31 - 300-600 Mill
- sale of Lounge Lizard by Mar 31 - 100-150 mill (at the second stage where bids are submitted - several suitors are tendering)
- 25 mill comes out of escrow from MUX. Cash held.
- better outlook for commodities for 2013-2015
- generating 27 mill in cash flow this quarter with prices about 10% less than current prices

I hope that makes it clearer