Sarlock and Surething

Table 17-2 gives the Life of Mine ore production schedule. (p93)

Q2 08 says we will mine 8,150 tonnes at 0.71% Ni

Q3 08 29,052 @ 0.8% Ni

Q4 08 70,786 @ 1.37% Ni

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I know Q2 is gone

How would you factor in our production for this year?

In my mind I said 20,000 tonnes at 0.75% Ni @ $9

How would you treat Q4? 70,786 @ 0.8% Ni @ $11?

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From the table you see that production is forecast as

Q1 fy 09 108,000 tonnes @ 1.15

Q2 fy 09 108,000 tonnes @ 1.09

Q3 fy 09 108,000 tonnes @ 0.74

Q4 fy 09 98,305 tonnes @ 0.64

but the hi grade would likely be shifted into FY 09

In FY 10 Q1 would possibly be increased to reflect the 17,000 plus tonnes not included in FY 08