Ann: Operations Update and FY19 Guidance, page-124

Strip ratio includes prestripped material grumpy. Its total ore moved against total waste moved. It doesn'matter if it's even the same pit etc as long as its on the same tenement.

This was very clear in the early announcements when they had 20+ stripping ratios trying to get set up for this early year run.

Given the grades, recovery and strip ratio for the quarter and the dam lift, I expected far higher aisc based on past models. This quarterly definitely shows a step in theright direction if you model it against all their other data.