RE: volumes increasingI think we need to be cautious about expectations for 2006 out of Tabakoto. It is going to take the company a minimum of 3 months to ramp up production and I would not be surprised if the total gold produced in 2006 was only 60 000 ounces. That will mean much higher per ounce costs for the year as all the fixed costs will continue. I would think a profit of $6 million would not be unreasonable. Cash flow could be quite a bit higher. Assuming a final total of $80 million capital costs depreciated over 1 million ounces of recoverable gold we could get cash flow on top of the profit of 4.8 million next year.
By 2007 production should have settled into a steady rythm and we should see numbers close to what you guys are expecting. Nonetheless, it will be great to see cold hard cash coming out of Tabakoto rather than out of the pockets of buyers of secondary offerings for a change. I certainly will not miss them