The Shaft is not required for about 2 1/2 years. It is required when the other ore runs out and we still have a good chunk of time until it is needed ergo it could be posponed. This was explained to me awhile back. There is no production lost because they wanted to use up the available resource first.

Delays. The water problem they had to solve was an important one and it had to be fixed. (I suspect with the water problem that you may be talking in terms of how the water is stopped from coming into the ramp where people work). (I do not know the specifics) I notice big companies get delayed because of construction problems too. Well we have had ours.

He talked about the delays that started from last summer and we know most of that. Well we are working towards the end of the delays but we all know there have been delays and future start up dates have been moved. I like to think that dates are hard and fast but once a schedule has been shifted there are cascade effects. I am confident about the July date. When he gets to that point I am sure we will get a corportate update.

I don't remember any hard numbers about cash flow. There has been an effect of $10 Ni. Therefore he has looked at alternate ways of generating cash through the mill while we are not at maximum output. He said if we get into cash problems he will find the solution.

Anyway, these are just my notes, maybe others have their interpretion. The presentation will be put on the web.