Earnings of $10.8 million on Revenues of $31 million and mine earnings of $17.8
$0.09 basic EPS (9 months ended April 30th
Positive cash flow of $3.2 million after debt service and CAPEX. (9 months ended
Repayment of Investec loan one year early (January, 2012)
Repurchase of final 10,885 gold ounces due under the forward sales agreements to
January 2013 in May, 2012 at $1,562 /oz
Production of 29,500 EqOz (from Mine operations) over past 5 quarters, or approx.
1,967 oz per month at an average operating cost of under US$ 650 EqOz.