I was reviewing their Aug Presentation and their output oz look great for 09 onwards. has anyone digested this info in terms of when the company breaks even and or becomes cashflow positive and has observations or comments to make?

09 - 100,000 oz

by 2011 above 200,000

all with a cost of 300 per oz that would imply even with $700 gold that they could generate an accounting profit of $40M in 09, for a company currently vauled at around 200M this seems amazing, it appears to be one of those investment where at least your money back is set in stone

Whats the catch? it would appear that they have the majority of their infrastructure in place so is there a need for large capex from this point?