Reading between the lines, they want to prove up additional...

Reading between the lines, they want to prove up additional resources before they are confident to move towards production. Hence, why they avoided issuing production timelines and the comment:

"a full appraisal of Project economics (is) scheduled for the first quarter of 2008".

The reality is that we got a provisional BFS with the final BFS expected next year. Given delays, it wouldn't be unrealistic to expect it mid next year.

I sold today as the only thing sustaining the share price over the next 12 months will be drill results and resource upgrades. I don't doubt that these may provide a share price boost but I doubt that you will get the great returns that comes with a successful BFS and move towards production. Hence I will revist in 12 months or so.

Good luck to holders!