Production increasesLMA should have a good Q2 increase in production. I am guessing 24,000 oz based on the following paragraphs in Q1 PR.$0$0$0"It is also important to outline that during the first quarter of 2009, as underground ore extraction ramped up, La Mancha's share of underground ore mined amounted to 72,840 tonnes while only 38,595 tonnes were milled, in line with the processing schedule of the toll-milling agreement. Therefore, production is expected to significantly increase in the next quarter as La Mancha had stockpiled 77,175 tonnes of high grade ore by the end of the quarter. In line with expectations, the most recent 30-day milling campaign, which began at the Greenfields Mill on April 1st, had treated a total of 60,391 tonnes of high grade ore as of April 30th. An additional toll milling campaign of around 28,000 tonnes was negotiated and commenced on May 4th at Dioro's Jubilee Mill"$0$0$0$0I called IR and verified that they processed a minimum of 60,391 + 28,000 tonnes net to LMA in Q2 at Frog's Leg. 88,391tonnes X 4.2gm/tonne / 31.2gm/oz = 12,000 oz from Frog's Leg vs 6,115 in Q1. $0$0$0$0$0That should boost total production to 24,000 oz and right on pace to the high side of mgmt guidance of 80-100K oz for 2009. $0$0$0$0$0I am less sure of the cashflow and eps implications of these additional ozs. LMA.to financials must be a maze with local costs in three currencies that must be translated into a fourth(C$) and using a fifth(US$) for comparison purposes on cash costs. I expect that cash costs will climb to over $500/oz due to the appreciation of the Aussie Dollar vs US$. $0$0$0$0$0So even with increased production, it is not a sure thing that cashflow and profits will climb due to rising cash costs and currency translation, not to mention any operating variances. $0$0$0$0$0I asked about White Foil. Said they are carefully negotiating the milling agreement between several options and expect to make a choice by year end. White Foil should add about 30,000 oz/yr for 2010 and 2011, providing a nice smooth production graph for LMA. 71K in 2008, 100K in 2009 and 130K in 2010. $0$0$0$0$0LMA is carefully managing these multiple small mines to provide solid cashflow and profits. They are reinvesting the cash into the big prize at Hassai while minimizing dilution for us. LMA is still very undervalued by any measure. The market is giving little to any value for Hassai, which is the big prize here. $0$0$0$0$0I like LaMancha because they are methodically moving Hassai forward without diluting shareholders. We should get appreciation in the stock from current production and get the big prize for free! $0$0$0$0$0Bobwins$0$0$0