Ann: Matilda-Wiluna Production Update, page-57

That is a high strip ratio, however without seeing the inputs and calcs behind the reserves there is only yours and my assumptions. Going forward the strip ratios look low, therefore cashflow will be higher (as long as the gold is there).

We could also assume the due diligence behind the finance suggests the pits will make money despite what the announcements say, and the announcements are carefully written and intentionally gray.

Trust me mate, I am not a fan, and definitely not and have never been a believer in this story. But the next quarter looks salvageable with no guarantees beyond that (IMO)