Good one George, true to your word as always. I am not a...

Good one George, true to your word as always. I am not a believer in their FY18 very conservative guidance and fully expect production of at least 25k ozs for each of the next three quarters to Mar18. At$1250 per oz that gives quarterly revenue of $31 mil. Their AISC and production guidance shows total expenses for the year of $96 mil or $24 mil per quarter giving a cash surplus of $7 mil. Tomorrow we get FY17 accounts and so it's time to guess at a few numbers in them: 1) Impairments. My wild guess is $150 to $170 mil due to lower market capitalisation, lower ore reserves and lower FY18 production guidance. 2) Cash at bank $2 mil v $9.5 mil last year and I'm expecting it will all be restricted cash this year to cover employee entitlements. 3) Trade and other payables $16.5 mil v $13.5 mil last year. 4) Borrrowings(current & non-current) $15 mil v $7.5 mil last year. Increase used to pay Corporate Tax of $8 mil late in the year. It was a miracle we avoided a capital raising but we did and now we'll be able to quickly build up cash reserves again and pay down borrowings if required.