Thanks guys, now at the moment as far as I know it is only comming out the exhaust both out the tail pipe and the front of the last muffer ( which means replace

)
There are bubbles in the header tank if I try to fill it when running, it does pressurise and after running for a few mins, after a shakey start it settles down and runs well then the coolant warning comes on and I tried driving it and it went into limp mode which meant I had to stop, wait and refill to get back home, part of me is saying just let it be something like the HBV which will fun finding one but not as expensive as the head gasket.........
IF I do get the head ripped off and done, what are the main things to do at the same time?? The cam belt was only done about 25000kms ago. the water pump should be good, I saw the things on clean the rockers and vacum lines etc which I will get done as I will have to buy the full gasket set anyway.....
I know its not easy doing this from so far away but as I said this is a specialised motor here, in this case think Saab dealership and the $$ that go along with it, as a poor ex student looking for a job this is killing me as I had planned to use this car to drive around NZ going to interviews etc and that has sort of been put on hold a bit....
Anyway the advice has been great so far thanks so much for giving me a hand, I really like this car even though it would be considered old in the UK its a hell of a good car if I can get ti fixed for under $4000 all up, currently has cost me $2100