Happy, This is a welcome update but at the same time this sounds like we are in production (or on the verge) and the financial liabilities now start to taKe a toll at the suspected rate of 30%. Do we have the funds to support this ? The value of copper ore, as with most commodities, is in the sewer although economies seem to be slowly moving out of the world recession. Too much product being stockpiled for the level of demand and thus the low commodity values. Stockpiles will have to be devoured before prices rise. The question will be if we make enough money to pay for our expenses as we move forward. On the bright side, this scenario also has the effect of seeing the weakest of the miners either going belly up or being bought out by bigger fish. In this regard I think we are fortunate to have Hudbay as our partner. I am also quite happy that we own 27,000,000 shares of NAN. Hopefully we do not have to sell these shares to stay in the black going forward. the deputy