relative value, page-2

"Do agree with many here that no more shares should be issued...close to 1 bln is enough - we don't want to become a Focus!"


Keep focused on the underground... everything up to now leading to 1 bln shares has been related to open pit production, which is a breeze by comparison rule of thumb.

Findings from the trial may reveal further investments needed to mine ore for underground sources... leading to more share issuance.

The CEB underground grade (3.2) is lower than open pit grades at Salt Creek and Maxwells. CEB trial results due Oct.