For your depletion rate, use the amount from the note 8 disclosure in the statements. I believe the $3.8mm for depletion also includes amortization from our mill and equipment; these numbers will remain static under higher production.

From note 8, we see that we have depleted $2,167,030 for Redstone in 2007. Divide this by your 898,138 lbs to derive your depletion rate, $2.40/lb.

What McWatters comes to for depletion costs will be hard to say until we arrive at the Q2-08 financials. I suspect they will be similar, perhaps lower.