Ann: Matilda-Wiluna Production Update, page-119

I am sorry you are upset by my post. You ask questions I try and answer them, it just seems like the more I answer the more upset you get. Discussion boards, like meetings, lose their usefulness to many when they fall to a dialog between 2 parties like this, so I said (again) in my greeting.

I looked at a few of the grade announcements you quoted me to see what you were talking about. They referred to the open pit extension drilling and not the underground so that is what I tried to explain. Maybe there were some other announcements on the underground, but why quote the M4 and Galaxy pits extension drilling if that is not what you were asking about high grades.

The underground operation has indeed not worked, they announced that a few quarters ago. They still expect it to contribute 12koz for the rest of FY18. If you are waiting for it to come back then you need to go back and read a bit more, they have not promised that for this FY18. They do talk about HG ore bodies in the open pits, referring to 1.6+ instead of the lower 1.1 or so they get from the stripping.

You quote the Dec16 quarterly, from memory it was like 5koz in Dec and they have continued to produce 5koz on average per month. Now 8koz in Dec 17 is a 60% increase and they are moving only 60% of the dirt to get it. Sounds like better performance. If they maintain that for the next 2 quarters (like they did after the Dec16 report) that seems good enough to me, and meets what they promised to do over a year ago.

I have never said that they will not go into VA, in fact I have mentioned it as a distinct possibility nearly every post. It is not that I am unconcerned, it is just that there is nothing I can do about it at the moment having neglected to sell at my last opportunity.

Why do you keep on putting questions if you do not want the answers and you do not hold? I would have more time if you seemed to have any genuine desire for answers. BLK is a stock I am going to need to make some decisions on soon so I am giving it a lot of attention at the moment anyway. Can I ask a question then?

What is your interest in BLK to warrant your (limited) time here? Is this anger because you lost a bit in it here, or are you following it to potentially buy if things look up? Time in share investing is best spent towards something you have at least an idea to make money from. I invest to make money so I can spend my time at home with my family.

Once again I am sorry for the condescending tone, you are the second to mention it, so you are probably right. Take it as the price to pay for having your questions answered and ideas challenged!