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echarters

07/15/03 4:02 PM

#20 RE: amarksp #19

Capex Loto:
Full Mill 2000 tons per day. Full Leach, CIL.
Crush Grind 200 Mesh,
43 million
Open Pit and Shovel R16, Truck.
6 million
Housing, offices Air strip dock and port facility.
5.5
Things we forgot
6.5

= 61 million.

I think they have an estimate of this in their news announcements of the last few months. I don't know what their figure was but they were dicussing what the cost
saving of going from straight leach from float leach would
be in throughput. I would dispute that concept but they did discuss it.

EC<:-}