Hartleys recommend BUY, page-35

Hi All

My weekend musings....

Metal prices rallied again, copper, lead, zinc, gold
and silver up....so good news for RVR if prices hold.

Not so good news for those 15c buyers. Bought
more at 16c this week and have an order in for
15.5c but don't expect it to fill now.....Trading 
Friday was particularly strong on close with an 
almost line wipe of 16.5c. 

Whilst not privy to mining plan given 3500t
of Far West ore has been stockpiled thus far,
10000 t for the qtr is not unreasonable to expect.
Given West 45 production is stable anticipate
processing of 100-105 kt ore this qtr.

So my wishlist for the qtr and reasoning 

5-10% additional ore thru put. 100-105kt..
as above.
70-75% steady state copper recovery....
as reported for december.73.2%
Ore at similar or slightly higher zinc equiv.... stoping
in higher grades towards centre of West 45.

Based on above aiming for 
8250 tonne of zinc con.
3200 tonne of lead con.
1050 tonne of copper con.

Will have to wait to April to find out.u

Anyone else with thoughts on the next quarterly?

Enjoy your weekend.

Wassa.