running up !, page-32

Production was a disgrace, which was a shock, however they did miss 25 odd days production.

Looks like they've cut back on Exploration & Development (maybe with Rooderand legal issues?)

One big positive is they only lost 3 million this quarter, i was expecting another 6/7 million. Production costs were down close to 4 million which is also a good sign.

Cash in the bank is also quite strong. With capital raisings included they should have close to 17 Million which is more than enough if they can turn this dog around.

Definitely not a company on the brink of bankruptcy which a 8cent share price reflected.

N0 stopages in January which is also a positive. Feb & March to go.

Fingers crossed.